South Carolina General Assembly
115th Session, 2003-2004

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S. 1276

STATUS INFORMATION

General Bill
Sponsors: Senator Branton
Document Path: l:\council\bills\bbm\10388sj04.doc

Introduced in the Senate on May 26, 2004
Currently residing in the Senate

Summary: Dorchester County, School District No. 2 Board, bonds

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   5/26/2004  Senate  Intd. & placed on local & uncontested cal. w/o 
                        reference SJ-7
   5/27/2004          Scrivener's error corrected

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

5/26/2004
5/26/2004-A
5/27/2004

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

Indicates Matter Stricken

Indicates New Matter

INTRODUCED

May 26, 2004

S. 1276

Introduced by Senator Branton

L. Printed 5/26/04--S.    [SEC 5/27/04 3:42 PM]

Read the first time May 26, 2004.

            

A BILL

TO AMEND ACT 327 OF 1977, RELATING TO THE ABILITY OF SCHOOL DISTRICT NO. 2 OF DORCHESTER COUNTY TO ISSUE BONDS, SO AS TO PROVIDE THAT, BEFORE ISSUING BONDS, THE TRUSTEES SHALL SECURE THE WRITTEN CONSENT OF THE LEGISLATIVE DELEGATION OF THE COUNTY.

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

SECTION    1.    Section 2 of Act 327 of 1977 is amended to read:

"Section 2.    For the purpose of providing appropriate sites and constructing and equipping additional public school facilities in the school district, the trustees are hereby authorized and empowered to issue, without an election, general obligation bonds of the school district, either as a single issue, or from time to time as several separate issues, in the aggregate principal amount of not exceeding two million dollars, or in such lesser amount as shall, on the occasion of the issuance of any bonds pursuant to the authorization of this act, be within the constitutional debt limitation then applicable to the school district. Before issuing bonds pursuant to this section, the trustees shall secure the written consent of the legislative delegation of the county."

SECTION    2.    This act takes effect upon approval by the Governor.

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