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TO AMEND ACT 426 OF 2006, THE "SCHOOL DISTRICT OF LEE COUNTY SCHOOL BOND PROPERTY TAX RELIEF ACT", RELATING TO AUTHORIZATION FOR THE IMPOSITION OF A ONE CENT SALES AND USE TAX IN LEE COUNTY, THE REVENUES OF WHICH MUST BE USED FOR SCHOOL CONSTRUCTION AND RENOVATION, SO AS TO EXTEND FROM FIVE TO EIGHT YEARS THE TIME THE TAX MAY BE IMPOSED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 4 of Act 426 of 2006 is amended to read:
"Section 4. The tax authorized by this act may be imposed by ordinance of the governing body. The tax may not be imposed for more than five eight years."
SECTION 2. This act takes effect upon approval by the Governor.
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