Staff Portal
Loading...
Session 115 - (2003-2004)Printer Friendly
(pdf format)
S*0787 (Rat #0213, Act #0184 of 2004) General Bill, By Leatherman
Summary: Use of bond sale proceeds
AN ACT TO AMEND SECTIONS 11-15-590, 11-21-60, AS AMENDED, 11-41-150, 41-43-110, AS AMENDED, 57-11-380, 59-71-180, 59-107-170, AND 59-146-140, ALL OF THE CODE OF LAWS OF SOUTH CAROLINA, 1976, AND ALL RELATING TO THE USE OF BOND SALE PROCEEDS FOR GENERAL OBLIGATION BONDS ISSUED BY THE STATE AND POLITICAL SUBDIVISIONS OF THE STATE UNDER THE VARIOUS AUTHORIZING STATUTES, SO AS TO ELIMINATE THE REQUIREMENT THAT BOND PREMIUMS BE APPLIED ONLY TO THE FIRST INSTALLMENT OF PRINCIPAL DUE, TO AMEND SECTION 11-41-50, RELATING TO ECONOMIC DEVELOPMENT BONDS, SO AS TO CLARIFY THE APPLICATION OF THE LIMIT ON DEBT SERVICE ON THESE BONDS AND FURTHER AUTHORIZE THESE BONDS, TO AMEND SECTION 11-1-110, RELATING TO THE AUTHORITY OF THE STATE BUDGET AND CONTROL BOARD TO ISSUE REVENUE BONDS FOR STATE AGENCY BUILDINGS, SO AS TO ALLOW SUCH BONDS FOR CONSTRUCTING, RENOVATING, OR MAINTAINING SUCH FACILITIES, OR FOR REFUNDING SUCH BONDS ALREADY ISSUED AND TO ALLOW THESE BONDS TO BE FURTHER SECURED BY A MORTGAGE, TO AMEND SECTIONS 11-43-540 AND 11-43-550, RELATING TO TRANSPORTATION INFRASTRUCTURE TAX BONDS, SO AS TO PROVIDE FURTHER FOR THE PAYMENT OF PRINCIPAL AND INTEREST ON THESE BONDS. - ratified title
View full text
Summary: Use of bond sale proceeds
AN ACT TO AMEND SECTIONS 11-15-590, 11-21-60, AS AMENDED, 11-41-150, 41-43-110, AS AMENDED, 57-11-380, 59-71-180, 59-107-170, AND 59-146-140, ALL OF THE CODE OF LAWS OF SOUTH CAROLINA, 1976, AND ALL RELATING TO THE USE OF BOND SALE PROCEEDS FOR GENERAL OBLIGATION BONDS ISSUED BY THE STATE AND POLITICAL SUBDIVISIONS OF THE STATE UNDER THE VARIOUS AUTHORIZING STATUTES, SO AS TO ELIMINATE THE REQUIREMENT THAT BOND PREMIUMS BE APPLIED ONLY TO THE FIRST INSTALLMENT OF PRINCIPAL DUE, TO AMEND SECTION 11-41-50, RELATING TO ECONOMIC DEVELOPMENT BONDS, SO AS TO CLARIFY THE APPLICATION OF THE LIMIT ON DEBT SERVICE ON THESE BONDS AND FURTHER AUTHORIZE THESE BONDS, TO AMEND SECTION 11-1-110, RELATING TO THE AUTHORITY OF THE STATE BUDGET AND CONTROL BOARD TO ISSUE REVENUE BONDS FOR STATE AGENCY BUILDINGS, SO AS TO ALLOW SUCH BONDS FOR CONSTRUCTING, RENOVATING, OR MAINTAINING SUCH FACILITIES, OR FOR REFUNDING SUCH BONDS ALREADY ISSUED AND TO ALLOW THESE BONDS TO BE FURTHER SECURED BY A MORTGAGE, TO AMEND SECTIONS 11-43-540 AND 11-43-550, RELATING TO TRANSPORTATION INFRASTRUCTURE TAX BONDS, SO AS TO PROVIDE FURTHER FOR THE PAYMENT OF PRINCIPAL AND INTEREST ON THESE BONDS. - ratified title
View full text
| 12/16/03 | Senate | Prefiled |
| 12/16/03 | Senate | Referred to Committee on Finance |
| 01/13/04 | Senate | Introduced and read first time SJ-22 |
| 01/13/04 | Senate | Referred to Committee on Finance SJ-22 |
| 02/04/04 | Senate | Committee report: Favorable with amendment Finance SJ-38 |
| 02/05/04 | Scrivener's error corrected | |
| 02/11/04 | Senate | Read second time SJ-48 |
| 02/11/04 | Senate | Ordered to third reading with notice of amendments SJ-48 |
| 02/26/04 | Senate | Amended SJ-22 |
| 02/26/04 | Senate | Read third time and sent to House SJ-22 |
| 03/01/04 | Scrivener's error corrected | |
| 03/02/04 | House | Introduced, read first time, placed on calendar without reference HJ-6 |
| 03/03/04 | House | Read second time HJ-19 |
| 03/04/04 | House | Read third time and enrolled HJ-21 |
| 03/10/04 | Ratified R 213 | |
| 03/15/04 | Signed By Governor | |
| 03/18/04 | Copies available | |
| 03/18/04 | Effective date 03/15/04 | |
| 03/23/04 | Act No. 184 |