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 of, acquire, purchase, hold, use, lease, convey, sell, transfer, or otherwise manage property.

By eliminating this sunset provision, the bill effectively grants special purpose districts ongoing authority to manage property without the constraints that would have been imposed by the sunset clause. The act will take effect upon approval by the Governor.