The bill H. 3731 aims to amend the South Carolina Code of Laws by repealing Section 2 of Act 201 of 2024. This repeal removes a sunset provision that previously limited the authority of special purpose districts regarding their ability to own, dispose, acquire, purchase, hold, use, lease, convey, sell, transfer, or otherwise manage property.
By eliminating this sunset provision, the bill seeks to provide special purpose districts with ongoing and uninterrupted powers related to property management, thereby enhancing their operational capabilities. The act will take effect upon approval by the Governor.