SC·Resolution·2017-2018 Regular Session
H 4401
A JOINT RESOLUTION TO REQUIRE THE PRESIDENT PRO TEMPORE OF THE SENATE AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES TO MUTUALLY RETAIN A PRIVATE BUSINESS OR PRIVATE INDIVIDUALS WHO ARE EXPERTS IN THE FIELD OF NUCLEAR ENERGY AND THE CONSTRUCTION OF NUCLEAR ENERGY FACILITIES TO AID THE GENERAL ASSEMBLY IN DETERMINING THE BEST MANNER IN WHICH THE STATE SHOULD SELL ITS MINORITY OWNERSHIP POSITION, HELD BY THE SOUTH CAROLINA PUBLIC SERVICE AUTHORITY, IN THE V.C. SUMMER NUCLEAR STATION IN FAIRFIELD
Introduced 2017-11-09Last action 2017-11-09
Sponsor
Rutherford
Cosponsors
None⚫
Died in House committee
The 2017-2018 Regular Session ended on 2018-05-10. This bill was introduced when the session adjourned and did not advance to enactment.
Legislative Progress
✗
Introduced
2
In Committee
3
Passed Chamber
4
Enacted / Signed
Summary
This bill directs the President Pro Tempore of the Senate and the Speaker of the House to jointly hire private nuclear energy experts to advise the General Assembly on how to sell the state's minority ownership stake in the V.C. Summer Nuclear Station, which is held through the South Carolina Public Service Authority (Santee Cooper). The legislation aims to ensure the state divests its interest in the nuclear facility in the most cost-efficient manner while maximizing the return on investment for South Carolina and its citizens. The experts will remain engaged until the sale is completed and may also provide recommendations regarding the sale of the majority ownership position held by the public utility.
Note
Historical import. Session: 2017-2018
Full Bill Text
http://www.scstatehouse.gov/sess122_2017-2018/prever/4401_20171109.htm