SC H3148 | 2009-2010 | 118th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 27-13)
Status: Passed on June 22 2009 - 100% progression
Action: 2009-06-22 - Act No. 68

Summary

AN ACT TO ENACT THE "FEDERAL EDUCATIONAL TAX-CREDIT BOND IMPLEMENTATION ACT", INCLUDING PROVISIONS TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-3-100 SO AS TO PROVIDE FOR THE MANNER IN WHICH AND CONDITIONS UNDER WHICH ALLOCATIONS OF QUALIFIED SCHOOL CONSTRUCTION BONDS AUTHORIZED BY THE PROVISIONS OF THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 SHALL BE MADE AMONG THE SCHOOL DISTRICTS OF THIS STATE, AND TO PROVIDE FOR OTHER RELATED MATTERS IN REGARD TO THESE ALLOCATIONS; TO AMEND SECTION 11-15-460, AS AMENDED, RELATING TO THE INTEREST RATE ON REFUNDING BOND OBLIGATIONS OF POLITICAL SUBDIVISIONS, SO AS TO EXEMPT QUALIFIED SCHOOL CONSTRUCTION BONDS FROM THIS PROVISION; AND TO AMEND SECTION 11-27-50, AS AMENDED, RELATING TO THE EFFECT OF THE PROVISIONS OF ARTICLE X OF THE CONSTITUTION OF THIS STATE ON BONDS OF SCHOOL DISTRICTS, SO AS TO PROVIDE THAT QUALIFIED SCHOOL CONSTRUCTION BONDS UP TO A CERTAIN AMOUNT MAY BE SOLD AT PUBLIC OR PRIVATE SALE AT SUCH PRICE AS DETERMINED BY THE GOVERNING BODY OF THE ISSUER. - ratified title

Tracking Information

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Title

Provide That Qualified School Construction Bonds Up To A Certain Amount May Be Sold At Public Or Private Sale At Such Price As Determined By The Governing Body Of The Issuer. - Ratified Title

Sponsors


History

DateChamberAction
2009-06-22 Act No. 68
2009-06-22 Effective date 06/03/09
2009-06-03 Became law without Governor's signature
2009-05-27 Ratified R 96
2009-05-21 Roll call Yeas-99 Nays-6 HJ-122
2009-05-21 Concurred in Senate amendment and enrolled HJ-122
2009-05-21 Scrivener's error corrected
2009-05-21 Read third time and returned to House with amendments SJ-36
2009-05-21 Amended SJ-36
2009-05-20 Read second time SJ-66
2009-05-20 Amended SJ-66
2009-05-20 Scrivener's error corrected
2009-05-19 Committee report: Favorable Finance SJ-13
2009-05-19 Polled out of committee Finance SJ-13
2009-04-14 Referred to Committee on Finance SJ-15
2009-04-14 Introduced and read first time SJ-15
2009-04-02 Read third time and sent to Senate HJ-12
2009-04-01 Read second time HJ-44
2009-04-01 Amended HJ-42
2009-04-01 Member(s) request name added as sponsor: Funderburk
2009-03-31 Committee report: Favorable with amendment Ways and Means HJ-11
2009-01-29 Member(s) request name added as sponsor: Knight
2009-01-27 Member(s) request name added as sponsor: Hodges
2009-01-14 Member(s) request name added as sponsor: McLeod, T.R.Young, Kennedy, Vick, Edge, J.E.Smith, Harrell, A.D.Young, Alexander, Neilson, Lucas, Merrill, Barfield, Bales, Allen
2009-01-13 Referred to Committee on Ways and Means HJ-66
2009-01-13 Introduced and read first time HJ-66
2008-12-16 Referred to Committee on Ways and Means
2008-12-16 Prefiled

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1115460(n/a)See Bill Text
112750(n/a)See Bill Text
593100(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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