reglab/housing_qa huggingface dataset:
SC Code § 11-45-80 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 45 - Venture Capital Investment Act Of South Carolina|Section 11-45-80. South Carolina Technology Innovation Fund established; purposes.

 In addition to and apart from the other duties and functions of the authority, there is created under the administration of the board of directors of the authority, a fund entitled the South Carolina Technology Innovation Fund which shall receive that funding as may be provided by law. The board shall contract with a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, for administration of the innovation fund. The innovation fund must be used by the board to:  (1) award small grants for the best and most creative ideas from South Carolina research universities' technology incubators with the awards to be available for eligible students and innovative knowledge-based enterprises that are located in a research university incubator. These grants are to be awarded to inspire and encourage knowledge-based technology and intellectual property transfers from research university faculty and students to the marketplace;  (2) design a major education, marketing, and public relations program to ensure that residents of South Carolina, members of the General Assembly, and potential venture capital investors understand and support the requirements for participation in the fund, the strategic need for venture capital funding, and for grant support for deserving entrepreneurs.  HISTORY: 2004 Act No. 187, Section 5; 2005 Act No. 125, Section 1.
SC Code § 11-45-90 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 45 - Venture Capital Investment Act Of South Carolina|Section 11-45-90. Reports by investor groups to Venture Capital Authority; contents.

 Each designated investor group shall provide an annual report to the authority with that information as may be required by the authority, and which shall:  (1) include an annual audit of the activities conducted by the designated investor group;  (2) document and review the progress of the designated investor group in implementing its investment plan;  (3) list any use, redemption, or transfer of tax credits allowed under this chapter;  (4) include a schedule of the rates of return, net of total investment expense, on assets held by the designated investor group pursuant to this chapter overall and on those assets aggregated by category over the most recent one-year, three-year, five-year, and ten-year periods, to the extent available; and  (5) include a schedule of the sum of total investment expense and total general administrative expense for the fiscal year incurred and expressed as a percentage of the fair value of assets of the designated investor group held pursuant to this chapter on the last day of the fiscal year, and an equivalent percentage for the preceding five fiscal years, if applicable.  HISTORY: 2004 Act No. 187, Section 5; 2005 Act No. 125, Section 1.
SC Code § 11-45-95 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 45 - Venture Capital Investment Act Of South Carolina|Section 11-45-95. Reports by authority; contents.

 (A) The authority shall provide an annual report to the Governor, the General Assembly, and other appropriate officials and entities containing at a minimum the following information:  (1) monies placed in venture capital investments with approved investors and South Carolina based companies cumulatively and during that fiscal year;  (2) an audit of the activities conducted by the authority during that fiscal year;  (3) the progress of the designated investor groups in implementing their respective investment plans;  (4) the amount and time lines of tax credit certificates issued both cumulatively and during that fiscal year, and any use, redemption, or transfer of tax credits during that fiscal year;  (5) a description of a material interest held by a director, officer, or employee of the authority with respect to the investments or assets of the designated investor groups;  (6) a schedule of the aggregate rate of return, net of total investment expense, on assets of the designated investor groups held pursuant to this chapter over the most recent one-year, three-year, five-year, and ten-year periods, to the extent available; and  (7) a schedule of the sum of total investment expense and total general administrative expense for the fiscal year incurred and expressed as a percentage of the fair value of assets of the designated investor groups held pursuant to this chapter on the last day of the fiscal year, and an equivalent percentage for the preceding five fiscal years, if applicable.  (B) These disclosure requirements are cumulative to and do not replace other reporting requirements provided by law.  (C) Notwithstanding any other provision of law, private investment and other proprietary financial data provided to the authority by a designated investor group or an investor is not subject to public disclosure under Title 30, Chapter 4.  HISTORY: 2005 Act No. 125, Section 1.
SC Code § 11-45-100 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 45 - Venture Capital Investment Act Of South Carolina|Section 11-45-100. Power of authority to implement chapter; employment of persons.

 (A) The authority has the power to establish guidelines and regulations and make any contract (including without limitation any designated investor contract), execute any document, perform any act, or enter into any financial or other transaction necessary to implement this chapter.  (B) In furtherance of subsection (A) above, the authority, or the Department of Commerce on its behalf, as the case may be, may employ any person as may be required for:  (1) proper implementation of this chapter;  (2) the management of its assets; or  (3) the performance of any function authorized or required by this chapter or necessary for the accomplishment of any function.  (C) The provisions of Title 11, Chapter 35 do not apply to any transaction necessary to implement this chapter.  HISTORY: 2004 Act No. 187, Section 5; 2005 Act No. 125, Section 1.
SC Code § 11-45-105 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 45 - Venture Capital Investment Act Of South Carolina|Section 11-45-105. Approval of guidelines.

 Any guideline issued by the authority pursuant to this chapter must be approved by the State Fiscal Accountability Authority.  HISTORY: 2007 Act No. 83, Section 8.E; 2007 Act No. 110, Section 4.E; 2007 Act No. 116, Section 2.E; 2014 Act No. 121 (S.22), Pt VII, Section 20.J.3, eff July 1, 2015.  Effect of Amendment  2014 Act No. 121, Section 20.J.3, substituted "Fiscal Accountability Authority" for "Budget and Control Board".
SC Code § 11-46-10 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 46 - South Carolina Hydrogen Infrastructure Development Act|Section 11-46-10. Citation of chapter.

 This chapter may be cited as the "South Carolina Hydrogen Infrastructure Development Act".  HISTORY: 2007 Act No. 83, Section 2.
SC Code § 11-46-30 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 46 - South Carolina Hydrogen Infrastructure Development Act|Section 11-46-30. Donor tax credits; schedule of state appropriations.

 (A) The South Carolina Hydrogen Infrastructure Development Fund may receive donations, grants, and any other funding as provided by law. A taxpayer making a contribution to the fund is allowed a tax credit provided pursuant to Section 12-6-3630.  (B) The South Carolina Hydrogen Infrastructure Development Fund may receive appropriations from the general fund of the State up to the following amounts in the fiscal years indicated:  (1) seven million dollars for the fiscal year 2007-2008;  (2) five million dollars for fiscal year 2008-2009;  (3) three million dollars for fiscal year 2009-2010.  HISTORY: 2007 Act No. 83, Section 2.
SC Code § 11-46-40 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 46 - South Carolina Hydrogen Infrastructure Development Act|Section 11-46-40. Annual report; contents.

 The South Carolina Research Authority shall submit an annual report to the Governor and the General Assembly containing at a minimum the following:  (1) the total amount of monies placed in the fund in a fiscal year and the total amount of monies granted from the fund in a fiscal year;  (2) a list of the applicants that received grants and the applicants' stated objectives;  (3) an audit of the activities conducted by the applicants;  (4) the monies used by the authority for administration and management, which may not exceed two hundred thousand dollars annually, and the percentage of each grant used for administration and management;  (5) the progress achieved by the authority and the fund in creating a sustainable foundation upon which a hydrogen economy may develop across the State; and  (6) the certified gross profits earned by grant recipients provided pursuant to Section 11-46-60.  HISTORY: 2007 Act No. 83, Section 2.
SC Code § 11-46-50 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 46 - South Carolina Hydrogen Infrastructure Development Act|Section 11-46-50. State agency purchase of machinery or equipment operated by hydrogen or fuel cells.

 Each state agency head shall require the agency's procurement officer, or other state employee authorized to purchase equipment or machinery for the agency, to consider purchasing equipment or machinery operated by hydrogen or fuel cells, or both of them, if available and cost-effective.  HISTORY: 2007 Act No. 83, Section 2.
SC Code § 11-46-60 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 46 - South Carolina Hydrogen Infrastructure Development Act|Section 11-46-60. Repayment of grant.

 Two percent of the gross profits derived from the sale of hydrogen and fuel cell products or services developed from a grant to a grant recipient, organized and operating as a for-profit business entity, must be annually remitted to the fund through June 30, 2012, until the full amount of the original grant has been repaid to the fund. Thereafter, if the full amount of the original grant has not been repaid, two percent of such gross profits must be annually remitted to the State Treasurer and transferred to the general fund of the State until repaid. The Department of Revenue shall promulgate regulations to determine and certify gross profits.  HISTORY: 2007 Act No. 83, Section 2.
SC Code § 11-46-70 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 46 - South Carolina Hydrogen Infrastructure Development Act|Section 11-46-70. Designation of nonprofit affiliate to implement provisions of chapter.

 The authority or a nonprofit affiliate designated by the authority may implement the provisions of this chapter. A designated nonprofit affiliate shall establish a separate and distinct fund. Monies provided to the affiliate fund must be subject to the same conditions and requirements provided by law that apply to a fund established by the authority. Grants from the affiliate fund must be made with the consent of the executive committee of the authority. The provisions of this chapter and Section 12-6-3630 apply to the affiliate fund.  HISTORY: 2007 Act No. 83, Section 2.
SC Code § 11-47-10 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 47 - Tobacco Escrow Fund Act|Section 11-47-10. Short title.

 This chapter may be cited as the "Tobacco Escrow Fund Act".  HISTORY: 1999 Act No. 47, Section 2.
SC Code § 11-47-40 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 47 - Tobacco Escrow Fund Act|Section 11-47-40. Stay of execution upon filing of notice of appeal.

 (A) The appeal of a judgment awarding relief in a civil action, under any legal theory, involving a signatory of the Master Settlement Agreement, as defined in Section 11-47-20(e), or a successor to or affiliate of a signatory to the agreement, automatically stays the execution of that judgment.  (B) The stay described in subsection (A) is effective upon the filing of the notice of appeal and during the entire course of appellate review of the judgment.  HISTORY: 2004 Act No. 216, Section 1.
SC Code § 11-48-10 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-10. Legislative findings.

 The General Assembly finds that:  (1) potential violations of Chapter 47 of this title, The Tobacco Escrow Fund Act, may threaten the integrity of the Tobacco Master Settlement Agreement, the financial interests of the State, and the public health; and  (2) enacting procedural enhancements may deter potential violations and promote the enforcement of The Tobacco Escrow Fund Act, safeguard the Master Settlement Agreement, the financial interests of the State, and the public health.  HISTORY: 2005 Act No. 61, Section 1.A.
SC Code § 11-48-20 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-20. Definitions.

 As used in this chapter:  (1) "Brand family" means all styles of cigarettes sold under the same trademark and differentiated from one another by means of additional modifiers or descriptors including, but not limited to, menthol, lights, kings, and 100s and includes the use of a brand name alone or in conjunction with another word, trademark, logo, symbol, motto, selling message, recognizable pattern of colors, or any other indicia of product identification identical or similar to, or identifiable with, a previously known brand of cigarettes.  (2) "Cigarette" has the same meaning as in Section 11-47-20(d).  (3) "Nonparticipating manufacturer" means a tobacco product manufacturer that is not a participating manufacturer.  (4) "Participating manufacturer" has the meaning given that term in Section 11(jj) of the Master Settlement Agreement and all amendments to it.  (5) "Qualified escrow fund" has the same meaning as that term is defined in Section 11-47-20(f).  (6) "Cigarette distributor" means a person required to pay the tax imposed by Section 12-21-620 or authorized to affix a tax stamp to a cigarette package pursuant to Title 12.  (7) "Tobacco product manufacturer" has the same meaning as that term is defined in Section 11-47-20(i).  (8) "Units sold" has the same meaning as that term is defined in Section 11-47-20(j).  HISTORY: 2005 Act No. 61, Section 1.A.
SC Code § 11-48-40 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-40. Nonresident nonparticipating manufacturer not registered to do business in State; appointment of agent for service of process.

 (A) A nonresident or foreign nonparticipating manufacturer that has not registered to do business in the State as a foreign corporation or business entity, as a condition precedent to having its brand families listed or retained in the directory, shall appoint and continually engage without interruption the services of an agent in this State to act as agent for the service of process on whom all process and action or proceeding against it concerning or arising out of the enforcement of Chapter 47 of this title, may be served in a manner authorized by law. That service is legal and valid service of process on the nonparticipating manufacturer. The nonparticipating manufacturer shall provide the name, address, phone number, and proof of the appointment and availability of the agent to, and to the satisfaction of the Attorney General.  (B) The nonparticipating manufacturer shall provide notice to the Attorney General thirty calendar days before termination of the authority of an agent and proof to the satisfaction of the Attorney General of the appointment of a new agent no fewer than five calendar days before the termination of an existing agent appointment. If an agent terminates an agency appointment, the nonparticipating manufacturer shall notify the Attorney General of the termination within five calendar days and shall include proof to the satisfaction of the Attorney General of the appointment of a new agent.  (C) A nonparticipating manufacturer whose cigarettes are sold in this State without appointing or designating an agent as required by this section is deemed to have appointed the Secretary of State as the agent and may be proceeded against in courts of this State by service of process upon the Secretary of State; except that, appointment of the Secretary of State as the agent does not satisfy the condition precedent to having its brand families listed or retained in the directory.  HISTORY: 2005 Act No. 61, Section 1.A.
SC Code § 11-48-60 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-60. Enforcement by revocation or suspension of license of cigarette distributor, civil penalties, forfeitures, and injunctions; costs.

 (A) In addition to or instead of another civil or criminal remedy provided by law, upon a determination that a cigarette distributor has violated Section 11-48-30(C) or a regulation promulgated pursuant to it, the Attorney General may cause to be revoked or suspended the license of a cigarette distributor in the manner provided by Sections 12-60-1310 through 12-60-1350. Each stamp affixed, should such a stamp be required by law, and each offer to sell cigarettes in violation of Section 11-48-30(C) constitutes a separate violation. The Attorney General also may impose a civil penalty for each violation in an amount not to exceed the greater of five times the retail value of the cigarettes or five thousand dollars upon a determination of violation of Section 11-48-30(C).  (B) Cigarettes that have been sold, offered, or possessed for sale in this State or imported for personal consumption in this State in a civil or criminal violation of Section 11-48-30(C) are declared contraband, and may be seized pending adjudication of the violation. Upon a determination of violation, the cigarettes are forfeited and must be destroyed.  (C) The Attorney General may seek an injunction to restrain a threatened or actual violation of Sections 11-48-30(C)(1), 11-48-50(A), or 11-48-50(D) by a cigarette distributor and to compel the cigarette distributor to comply with the sections. In an action brought pursuant to this section, the State may recover the costs of investigation, costs of the action, and reasonable attorney's fees.  HISTORY: 2005 Act No. 61, Section 1.A.
SC Code § 11-48-70 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-70. Review of refusal to list or removal of brand family from list.

 A determination of the Attorney General to not list in, or to remove from, the directory a brand family or tobacco product manufacturer is subject to review in the manner provided pursuant to Article 3, Chapter 23 of Title 1.  HISTORY: 2005 Act No. 61, Section 1.A.
SC Code § 11-48-80 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-80. Certification of intention to comply with chapter; authority to promulgate regulations; recovery of investigation and litigation costs; relation to Chapter 47; severability.

 (A) A person must not be issued a license or granted a renewal of a license to act as a cigarette distributor unless the person has certified in writing, under penalty of perjury, that he intends to comply fully with this chapter.  (B) For the year 2005, the first report of cigarette distributors required by Section 11-48-50(A) is due thirty days after the effective date of this chapter; the certifications by a tobacco product manufacturer described in Section 11-48-30(A) are due forty-five days after the effective date of this chapter; and the directory described in Section 11-48-30(B) must be published or made available within ninety days after the effective date of this chapter.  (C) The Attorney General may promulgate regulations necessary to effect the purposes of this chapter.  (D) In any action brought by the State to enforce this chapter, the Office of the Attorney General is entitled to recover the costs of investigation, expert witness fees, costs of the action, and reasonable attorney fees for a successful investigation or action.  (E) Unless otherwise expressly provided, the remedies or penalties provided by this chapter are cumulative to each other and to the remedies or penalties available under all other laws of this State.  (F) If a court of competent jurisdiction finds that the provisions of this chapter and Chapter 47 conflict and cannot be harmonized, then the provisions of Chapter 47 must control. If any section, paragraph, item, or subitem, sentence, clause, or phrase of this chapter causes Chapter 47 of Title 11 to no longer constitute a Qualifying or Model Statute, as those terms are defined in the Master Settlement Agreement, then that portion of this chapter is invalid. If any section, paragraph, item, subitem, subsubitem, sentence, clause, or phrase of this chapter is held to be invalid, unlawful, or unconstitutional, that decision does not affect the validity of the remaining portions of this chapter or any part of it.  HISTORY: 2005 Act No. 61, Section 1.A.
SC Code § 11-48-90 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 48 - Tobacco Qualified Escrow Fund Enforcement|Section 11-48-90. Sale or possession of counterfeit cigarettes; penalties; definition; seizure as contraband.

 (A) It is unlawful for a cigarette manufacturer, cigarette importer, cigarette distributor, or cigarette retailer to sell or possess counterfeit cigarettes. A person who violates this subsection is guilty of a felony and, upon conviction, must be punished as follows for a:  (1) first violation with a total quantity of fewer than two cartons of cigarettes, by a fine of one thousand dollars or five times the retail value of the cigarettes involved, whichever is greater, or imprisonment not to exceed five years, or both;  (2) subsequent violation with a total quantity of fewer than two cartons of cigarettes, by a fine of five thousand dollars or five times the retail value of the cigarettes involved, whichever is greater, or imprisonment not to exceed five years, or both the fine and imprisonment, and the revocation by the Department of Revenue of any license required pursuant to Article 5, Chapter 21, of Title 12, held by the cigarette manufacturer, cigarette importer, cigarette distributor, or cigarette retailer;  (3) first violation with a total quantity of two cartons of cigarettes or more by a fine of two thousand dollars or five times the retail value of the cigarettes involved, whichever is greater, or imprisonment not to exceed five years, or both; or  (4) subsequent violation with a quantity of two cartons of cigarettes or more by a fine of fifty thousand dollars or five times the retail value of the cigarettes involved, whichever is greater, or imprisonment not to exceed five years, or both the fine and imprisonment, and revocation by the Department of Revenue of any license required pursuant to Article 5, Chapter 21, of Title 12 held by the cigarette manufacturer, cigarette importer, cigarette distributor, or cigarette retailer license.  (B)(1) For purposes of this section, counterfeit cigarettes includes cigarettes with false manufacturing labels or packages of cigarettes bearing counterfeit tax stamps.  (2) Counterfeit cigarettes and related machinery encountered by a law enforcement agency in connection with a charged violation of this section are declared contraband and must be seized by the law enforcement agency and held by it pending adjudication of the charges. Upon conviction, the counterfeit cigarettes and related machinery are forfeited and must be destroyed.  HISTORY: 2005 Act No. 61, Section 1.A.