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H 3083 -
SC Resilience Revolving Fund Act
Tracking Level:
Of Interest
Sponsor:
Heather Crawford
(R)
Last Action:
1/24/2019 - House - Member(s) request name added as sponsor: Cogswell
House Committee:
WM
Assigned To:
General Governance
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Staff Analysis of the Legislation
Summary of the bill as introduced
: Establishes a fund to provide low interest loans to perform flooded-home buyouts and floodplain restoration.
Bill Summary from the State Site -
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Session 123 - (2019-2020)
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H 3083 General Bill, By
Crawford
and
Cogswell
Similar (
S 0259
)
Summary:
SC Resilience Revolving Fund Act
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 61 TO TITLE 48 SO AS TO ENACT THE "SOUTH CAROLINA RESILIENCE REVOLVING FUND ACT"; TO ESTABLISH THE "SOUTH CAROLINA RESILIENCE REVOLVING FUND" TO PROVIDE LOW INTEREST LOANS TO PERFORM FLOODED-HOME BUYOUTS AND FLOODPLAIN RESTORATION, TO AUTHORIZE THE BANK TO UNDERTAKE CERTAIN ACTIONS IN ORDER TO PROPERLY FUNCTION, TO ESTABLISH CERTAIN CRITERIA FOR LOANS AND ELIGIBLE FUND RECIPIENTS, TO PROVIDE CERTAIN REQUIREMENTS FOR THE MONIES WITHIN THE FUND, AND TO AUTHORIZE THE DEPARTMENT OF NATURAL RESOURCES TO UNDERTAKE CERTAIN ACTIONS TO EFFECTIVELY OPERATE THE FUND.
View full text
12/18/18
Prefiled
12/18/18
House
Referred to Committee on Agriculture, Natural Resources and Environmental Affairs
01/08/19
House
Introduced and read first time (
House Journal-page 79
)
01/08/19
House
Referred to Committee on Agriculture, Natural Resources and Environmental Affairs (
House Journal-page 79
)
01/16/19
House
Recalled from Committee on Agriculture, Natural Resources and Environmental Affairs (
House Journal-page 44
)
01/16/19
House
Committed to Committee on Ways and Means (
House Journal-page 44
)
01/24/19
House
Member(s) request name added as sponsor: Cogswell
Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299,
mail@masc.sc