South Carolina General Assembly
116th Session, 2005-2006

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H. 5263

STATUS INFORMATION

General Bill
Sponsors: Reps. Hinson, Merrill, Dantzler, Umphlett and Limehouse
Document Path: l:\council\bills\agm\18565mm06.doc

Introduced in the House on May 31, 2006
Currently residing in the Senate

Summary: Berkeley County School District bonding limitations

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   5/31/2006  House   Introduced, read first time, placed on calendar without 
                        reference HJ-24
    6/1/2006  House   Read second time HJ-21
   6/14/2006  House   Read third time and sent to Senate HJ-105

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

5/31/2006
5/31/2006-A

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

INTRODUCED

May 31, 2006

H. 5263

Introduced by Reps. Hinson, Merrill, Dantzler, Umphlett and Limehouse

L. Printed 5/31/06--H.

Read the first time May 31, 2006.

            

A BILL

TO PROVIDE THAT FOR PURPOSES OF THE BONDING LIMITATIONS OF THE BERKELEY COUNTY SCHOOL DISTRICT, THAT A TRANSFEREE OF THE DISTRICT IS CONSIDERED THE SCHOOL DISTRICT UNDER CERTAIN CONDITIONS, AND TO REQUIRE APPROVAL OF THE BERKELEY COUNTY DELEGATION BEFORE A BOND ISSUE IS INITIATED BY THE DISTRICT.

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

SECTION    1.    For purposes of limits on the bonding indebtedness of the Berkeley County School District, a complete or partial successor-in-interest to, or other transferee of, the school district or other associate of any kind of the school district is deemed to be the Berkeley County School District when the successor, transferee, or associate undertakes all or a portion of the operation or assumes all or a portion of a duty of the school district.

SECTION    2.    Before a bond issue is initiated by the Berkeley County School District, a majority of the members of the Berkeley County delegation in the House of Representatives and a majority of the members of the Berkeley County delegation in the Senate must approve the bond issue.

SECTION    3.    The provisions of this act take effect upon approval by the Governor and apply with regard to all transfers made and all bond issues made after that date, to which these subsections apply.

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