South Carolina General Assembly
113th Session, 1999-2000

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Bill 586


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                      586
Type of Legislation:              General Bill GB
Introducing Body:                 Senate
Introduced Date:                  19990310
Primary Sponsor:                  Finance Committee SF 06
All Sponsors:                     Finance Committee
Drafted Document Number:          l:\s-res\jwd\003bond.dmb.doc
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Date of Last Amendment:           19990324
Subject:                          Capital improvement bonds, additional 
                                  projects, amount which may be issued 
                                  increased; Bonds or Notes


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   19990325  Introduced, read first time,           30 HWM
                  referred to Committee
Senate  19990324  Amended, read third time, 
                  sent to House
Senate  19990316  Debate adjourned, not to be taken
                  up prior to Wednesday, 19990324
Senate  19990316  Read second time, ordered to
                  third reading with notice of
                  general amendments, carrying
                  over all amendments to third
                  reading
Senate  19990310  Introduced, read first time,
                  placed on Calendar without reference


                             Versions of This Bill
Revised on March 10, 1999 - Word format
Revised on March 24, 1999 - Word format

View additional legislative information at the LPITS web site.


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

AS PASSED BY THE SENATE

March 24, 1999

S. 586

Introduced by Finance Committee

S. Printed 3/24/99--S.

Read the first time March 10, 1999.

            

A BILL

TO AMEND ACT 1377 OF 1968, AS AMENDED, RELATING TO THE ISSUANCE OF STATE CAPITAL IMPROVEMENT BONDS, SO AS TO AUTHORIZE ADDITIONAL PROJECTS AND CONFORM THE AGGREGATE PRINCIPAL INDEBTEDNESS AMOUNT TO THE ADDITIONAL AMOUNTS AUTHORIZED BY THIS ACT; TO AMEND SECTION 2-7-105, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE AUTHORIZATION OF STATE CAPITAL IMPROVEMENT BONDS, SO AS TO INCREASE THE AMOUNT OF BONDS WHICH MAY BE ISSUED.

Amend Title To Conform

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

SECTION 1. Item (f) of Section 3 of Act 1377 of 1968, as last amended by Section 5, Act 531 of 1994, is further amended by adding:

"A. COLLEGES AND UNIVERSITIES

(a) Commission on Higher Education

University Center-McAlister Square 7,500,000

(b) The Citadel

Padget-Thomas Hall Replacement 8,000,000

(c) Clemson University

Long Hall 4,000,000

Littlejohn Coliseum 9,000,000

(d) University of Charleston

Physical Education Center 12,000,000

Simons Center for the Arts 3,000,000

(e) Coastal Carolina University

Humanities and Fine Arts Building 5,601,500

(f) Francis Marion University

Energy Facility Upgrade 525,000

(g) Lander University-Renovation of

Campus Electronic Communications

Infrastructure 988,000

(h) South Carolina State University

Hodge Hall Science Building 10,000,000

Deferred Maintenance-Phase One 7,500,000

(i) University of South Carolina

Columbia (including Medical School)

School of Public Health 3,500,000

Arena 7,500,000

Wellness and Fitness Center 3,000,000

School of Law - New Building 5,000,000

(j) USC - Aiken Campus

Student Activities Center 3,000,000

(k) USC - Beaufort Campus

New River Facility 2,500,000

(l) USC - Spartanburg

Information Resources Center 1,000,000

(m) USC - Sumter Campus

Alice Drive Baptist Church-Acquisition 1,500,000

(n) Winthrop University

Peabody Gymnasium 4,400,000

(o) Medical University of South Carolina

Hollings Cancer Center-Expansion 10,000,000

B. STATE TECHNICAL AND COMPREHENSIVE EDUCATION

(a) Technical System

Education and Training Equipment 13,000,000

(b) Aiken Technical College

Health and Sciences Building 5,325,000

(c) Central Carolina Technical College

EF Dubose Career Center 9,611,309

(d) Denmark Technical College

Library 2,000,000

(e) Horry-Georgetown Technical College

Library/Student Center 7,136,224

(f) Midlands Technical College

Information Tech Center NE Campus 5,280,000

(g) Orangeburg-Calhoun Technical College

Library, Cafeteria, and

Student Service Area 4,256,000

(h) Spartanburg Technical College

Student Services Building 1,000,000

(i) Piedmont Technical College

Laurens County Higher

Education Center 4,000,000

Edgefield County Center Renovation 900,000

(j) York Technical College

Building C Expansion 2,100,000

(k) Williamsburg County Technical College

Roof Replacement-Buildings A & B 600,000

Computer Equipment and Software 599,723

C. OTHER EDUCATIONAL AGENCIES

(a) ETV

Conversion to Digital Transmission 10,000,000

(b) Governor's School for Science and Math

Renovation of Facility 6,000,000

(c) School for the Deaf and Blind

Walker Hall Renovation 11,920,000

(d) Wil Lou Gray

Roof System 1,000,000

Flooring 1,000,000

D. PUBLIC EDUCATION

(a) Department of Education

School Buses and Maintenance

Vehicles 15,000,000

E. OTHER AGENCIES

(a) Department of Agriculture

Columbia Farmer's Market 10,000,000

(b) Budget and Control Board

Deferred Maintenance 4,281,193

(c) Clemson PSA

Agriculture and Life Science Complex 10,000,000

Edisto Center 4,000,000

(d) Department of Commerce

Lake Marion Water Agency 8,000,000

Spartanburg Renaissance Center 2,000,000

(e) Department of Mental Health

Greenville Mental Health Center 5,985,000

Kershaw/Santee/Wateree Center 2,300,000

Greenwood Beckman Health Center 4,700,000

(f) Department of Natural Resources

Florence HQ Building 500,000

Greenwood HQ Building 500,000

(g) Department of Parks, Recreation and Tourism

State Parks 10,000,000

(h) State Library

Cherokee County Library 500,000

(i) State Ports Authority

Harbor Dredging 24,000,000"

SECTION 2. Section 4 of Act 1377 of 1968, as last amended by Act 523 of 1992, is further amended to read:

"Section 4. The aggregate principal indebtedness on account of bonds issued pursuant to this act may not exceed $2,544,525,375.10. The limitation imposed by the provisions of this section does not apply to bonds issued on behalf of the Mental Health Commission as provided in Acts 1276 and 1272 of 1970 or to bonds issued on behalf of the Commission on Mental Retardation as provided in Act 1087 of 1970 or to bonds issued on behalf of the South Carolina Fire Academy. The limitation imposed by the provisions of this section is not considered to be an obligation of the contract made between the State and holders of bonds issued pursuant to this act, and the limitation imposed by the provisions of this section may be enlarged by acts amending it or reduced by the application of the Capital Reserve Fund or by amendments of this act. Within these limitations state capital improvement bonds may be issued under the conditions prescribed by this act."

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

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