South Carolina Senate Bill 587 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on June 1 2021 - 100% progression
Action: 2021-06-01 - Act No. 58
Text: Latest bill text (Comm Sub) [HTML]

Amend Section 11-41-75, Code Of Laws Of South Carolina, 1976, Relating To Economic Development Bonds For Conventions And Trade Shows, So As To Provide That The Provisions Requiring The Reimbursement Of Bond Proceeds, Plus Interest, Upon The Sale Of A Meeting And Exhibit Space Are Not Applicable If The Sale Proceeds Are Used In Their Entirety For A New Meeting And Exhibit Space Of Not Less Than Fifty Thousand Square Feet, Or To Reimburse A State Agency, Instrumentality, Or Political Subdivision For The Acquisition Or Construction Of A New Meeting And Exhibit Space Of Not Less Than Fifty Thousand Square Feet If Construction Occurred Prior To The Sale Of The Original Meeting And Exhibit Space, And To Provide Conditions Under Which The Exemption Applies. - Ratified Title

Economic bond for conventions and trade shows

Sen. Ross Turner [R]

2021-05-11 - House - House: Passage Of Bill (Y: 107 N: 3 NV: 10 Abs: 4) [PASS]
2021-04-07 - Senate - Senate: 2nd Reading (Y: 43 N: 0 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2021-06-01		Act No. 58
2021-06-01		Effective date 05/17/21
2021-05-17		Signed By Governor
2021-05-13		Ratified R 72
2021-05-12	House	Read third time and enrolled
2021-05-11	House	Roll call Yeas-107 Nays-3
2021-05-11	House	Read second time
2021-05-11	House	Requests for debate-Rep
2021-05-06	House	Debate adjourned until Tues., 5-11-21
2021-05-04	House	Committee report: Favorable Ways and Means
2021-04-13	House	Referred to Committee on Ways and Means
2021-04-13	House	Introduced and read first time
2021-04-08	Senate	Read third time and sent to House
2021-04-07	Senate	Roll call Ayes-43 Nays-0
2021-04-07	Senate	Read second time
2021-03-31	Senate	Committee report: Favorable Finance
2021-02-23	Senate	Referred to Committee on Finance
2021-02-23	Senate	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
11	41	75	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=0587&session=124&summary=B
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/587_20210223.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/587_20210331.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/587_20210504.htm
Supplement	https://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/S0587%202021-02-23%20introduced.pdf
Roll Call	https://www.scstatehouse.gov/votehistory.php?KEY=19109
Roll Call	https://www.scstatehouse.gov/votehistory.php?KEY=19655