SC H4152 | 2009-2010 | 118th General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on June 16 2009 - 25% progression, died in committee
Action: 2009-06-16 - Referred to Committee on Ways and Means HJ-73
Pending: House Ways and Means Committee

Summary

A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 50 TO TITLE 11 SO AS TO ENACT THE "SOUTH CAROLINA RURAL INFRASTRUCTURE ACT", TO ESTABLISH THE SOUTH CAROLINA RURAL INFRASTRUCTURE AUTHORITY, AND TO PROVIDE FOR ITS GOVERNANCE, POWERS, AND DUTIES; TO AUTHORIZE THE AUTHORITY TO PROVIDE LOANS AND OTHER FINANCIAL ASSISTANCE TO A MUNICIPALITY, COUNTY, SPECIAL PURPOSE OR PUBLIC SERVICE DISTRICT, AND A PUBLIC WORKS COMMISSION TO FINANCE RURAL INFRASTRUCTURE FACILITIES; TO ALLOW STATE APPROPRIATIONS, GRANTS, LOAN REPAYMENTS, AND OTHER AVAILABLE AMOUNTS TO BE CREDITED TO THE FUND OF THE AUTHORITY; TO AUTHORIZE LENDING TO AND BORROWING BY ELIGIBLE ENTITIES THROUGH THE AUTHORITY.

Tracking Information

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Title

Enact The "south Carolina Rural Infrastructure Act", To Establish The South Carolina Rural Infrastructure Authority, And To Provide For Its Governance, Powers, And Duties; To Authorize The Authority To Provide Loans And Other Financial Assistance To A Municipality, County, Special Purpose Or Public Service District, And A Public Works Commission To Finance Rural Infrastructure Facilities; To Allow State Appropriations, Grants, Loan Repayments, And Other Available Amounts To Be Credited To The Fund Of The Authority; To Authorize Lending To And Borrowing By Eligible Entities Through The Authority.

Sponsors


History

DateChamberAction
2009-06-16 Referred to Committee on Ways and Means HJ-73
2009-06-16 Introduced and read first time HJ-73

Same As/Similar To

H4511 (Similar To) 2010-06-09 - Act No. 171

South Carolina State Sources


Bill Comments

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