South Carolina General Assembly

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South Carolina General Assembly

118th Session, 2009
-
2010


H. 3194


STATUS INFORMATION


General Bill

Sponsors: Reps. Duncan, Sottile, Stringer, Harrison, Littlejohn, M.A.

Pitts, Bingham, Hamilton,
E.H.

Pitts, Owens, Bedingfield and Willis

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22157ab09.docx


Introduced in the House on January 13, 2009

Currently residing in the House Committee on
Labor, Commerce and Industry


Summary: Offshore drilling



HISTORY OF LEGISLATIVE ACTIONS



Date

Body

Action Description with jour
nal page number



12/16/2008

House

Prefiled


12/16/2008

House

Referred to Committee on
Labor, Commerce and Industry


1/13/2009

House

Introduced and read first time
HJ
-
85


1/13/2009

House

Referred to C
ommittee on
Labor, Commerce and Industry

HJ
-
85


1/28/2009

House

Member(s)

request name added as sponsor:
E.H.Pitts, Owens


2/2/2010

House

Member(s) request name added as sponsor: Be
dingfield


2/3/2010

House

Member(s) request name added as sponsor: Willis



VERSIONS OF THIS BILL


12/16/2008


[3194]

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A BILL

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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA,
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1976,
BY ADDING SECTION 48
-
43
-
397 SO AS TO DEFINE
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THE TERM OFFSHORE DRILLING, TO PROVIDE PORTIONS
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OF LEASE OR ROYALTY PAYMENTS PAID BY PERSONS
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PERMITTED TO ENGAGE IN OFFSHORE DRILLING IN THE
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ATLANTIC OCEAN WITHIN THE TERRITORIAL WATERS
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OF SOUTH CAROLINA AND THAT

ACCRUE TO THE
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BENEFIT OF THIS STATE MUST BE ALLOCATED AND
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EXPENDED IN A CERTAIN MANNER.

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Be it enacted by the General Assembly of the State of South
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Carolina:

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SECTION

1.

Article 2, Chapter 43, Title 58 of the 1976 Code is
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amended by adding:

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“Section 48
-
43
-
397.

(A)

For the purposes of this section,
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‘offshore drilling’ means oceanic exploration, drilling, or
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production of oil and gas.

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(B)

Portions of lease, royalty, or other payments paid by
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persons for permission to engage in offshore drilling in the
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At
lantic Ocean within the territorial jurisdiction of this State and
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that accrue to the benefit of this State must be allocated and used
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as follows:

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(1)

ninety percent to the South Carolina Department of
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Transportation for improvements to the State’s trans
portation
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infrastructure; and

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(2)

ten percent to the South Carolina Department of Natural
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Resources exclusively for the preservation and enhancement of the
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State’s natural resources.

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(C)

The allocation and expenditure of funds provided in
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subsection (B)

of this section commence on the effective date of
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[3194]

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this section and continue for a ten
-
year period from the date these
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funds accrue to the benefit of this State. The General Assembly
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shall appropriate these funds during this ten
-
year period only for
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the p
urposes and in the percentage amounts required in subsection
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(B). After this ten
-
year period lapses, the General Assembly may
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use these funds for any purpose it considers appropriate.”

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SECTION

2.

This act takes effect upon approval by the Governor.

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X
X
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