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Session 107 - (1987-1988)Printer Friendly
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H 4043 General Bill, By T.F. Rogers
Similar (S 1222)
    A Bill to amend Section 5-37-20, Code of Laws of South Carolina, 1976, relating to definitions used in the Municipal Improvement Act of 1973, so as to redefine "assessment", "improvements", "improvement district", and "improvement plan"; Section 5-37-40, as amended, relating to the establishment of improvement districts, so as to delete the requirement that the municipal governing body obtain written consent from a majority of property owners in the proposed district before creating the district, describe certain property as exempt from ad valorem taxation as provided by law instead of exempt under the provisions of the Internal Revenue Code for purposes of determining the number of owners of real property which must sign a petition to require a municipal governing body to establish a district, and authorize a municipal governing body to create an improvement district by ordinance after making a finding of certain considerations; and to amend the 1976 Code by adding Section 5-37-45 so as to authorize an area to be included in an improvement district created after the improvements are begun pursuant to a preconstruction agreement.
03/29/88House Introduced and read first time HJ-2367
03/29/88House Referred to Committee on Ways and Means HJ-2367



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