S 1374 General Bill, By Sheheen
 A BILL TO AMEND SECTION 6-11-260, SOUTH CAROLINA CODE OF LAWS, 1976, RELATING
 TO THE ADOPTION OF A BUDGET FOR A SPECIAL PURPOSE DISTRICT, SO AS TO PROVIDE
 THAT THE BUDGET DOES NOT HAVE TO BE ESTIMATED AND SUBMITTED FOR APPROVAL TO
 THE COUNTY SUPERVISOR IF THE DISTRICT'S BOARD OF COMMISSIONERS IS ELECTED AND
 NOT APPOINTED; AND TO AMEND SECTION 6-11-270, RELATING TO LEVY, COLLECTION,
 AND DISBURSEMENT OF TAXES, SO AS TO PROVIDE THAT AN ELECTED BOARD OF
 COMMISSIONERS DOES NOT HAVE TO SEEK APPROVAL FROM THE COUNTY SUPERVISOR PRIOR
 TO LEVYING TAXES.

   03/27/12  Senate Introduced and read first time (Senate Journal-page 7)
   03/27/12  Senate Referred to Committee on Finance
                     (Senate Journal-page 7)

A BILL

TO AMEND SECTION 6-11-260, SOUTH CAROLINA CODE OF LAWS, 1976, RELATING TO THE ADOPTION OF A BUDGET FOR A SPECIAL PURPOSE DISTRICT, SO AS TO PROVIDE THAT THE BUDGET DOES NOT HAVE TO BE ESTIMATED AND SUBMITTED FOR APPROVAL TO THE COUNTY SUPERVISOR IF THE DISTRICT'S BOARD OF COMMISSIONERS IS ELECTED AND NOT APPOINTED; AND TO AMEND SECTION 6-11-270, RELATING TO LEVY, COLLECTION, AND DISBURSEMENT OF TAXES, SO AS TO PROVIDE THAT AN ELECTED BOARD OF COMMISSIONERS DOES NOT HAVE TO SEEK APPROVAL FROM THE COUNTY SUPERVISOR PRIOR TO LEVYING TAXES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 6-11-260 of the 1976 Code is amended to read:

"Section 6-11-260.    To meet the expenses of operation and maintenance and the sinking fund and interest charges on the bond issue when the income derived from the works is not sufficient to meet such charges, the board of commissioners of any such electric light, water supply, fire protection, or sewerage district shall each year before the levying of taxes make up an estimate or budget for such the district, which shall give the estimated maintenance and expenses for the succeeding year. and shall submit it If the board of commissioners is appointed, the estimate or budget must be submitted to the county supervisor for approval and adoption. An elected board of commissioners shall authorize the estimate or budget without submitting it to the county supervisor. Any surplus or deficit that may occur in any one year shall be carried forward and applied to the next year's account and properly considered in the budget for the expenses of the district for the ensuing year."

SECTION    2.    Section 6-11-270 of the 1976 Code is amended to read:

"Section 6-11-270.    After the approval thereof by the authorized by an elected board or approved by the county supervisor for an appointed board, taxes to meet the district's expenses shall be levied to meet such expenses upon all assessable property in the district. and upon Upon collection of them the taxes by the county treasurer, they shall be disbursed only upon the approval of the board of commissioners of the said electric light, water supply, fire protection, or sewerage district, as the case may be, by an order on the county treasurer drawn by the supervisor of the county in which said the district is located. All taxes so levied for any such district shall be kept separate on the assessment roll from other levies and moneys so collected and shall be kept in a separate fund for the district."

SECTION    3.    This act takes effect upon approval by the Governor.