South Carolina Legislature




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Session 116 - (2005-2006)Printer Friendly
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H 3172 General Bill, By Umphlett, Bailey and Mahaffey
Summary: Public Service Authority's use of net revenue
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-31-115 SO AS TO PROVIDE THAT THE NET REVENUE DERIVED FROM THE SALE OR LEASE OF REAL PROPERTY OR CERTAIN CAPITAL ASSETS OF THE STATE PUBLIC SERVICE AUTHORITY MUST BE USED BY THE AUTHORITY IN PRIORITY ORDER FOR FACILITIES MAINTENANCE, DEBT SERVICE OR RETIREMENT OF DEBT OBLIGATIONS, AND THEN RATE REDUCTIONS.
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12/15/04House Prefiled
12/15/04House Referred to Committee on Ways and Means
01/11/05House Introduced and read first time HJ-110
01/11/05House Referred to Committee on Ways and Means HJ-111



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