Current Status Introducing Body:
SenateBill Number: 1549Ratification Number: 547Act Number: 591Primary Sponsor: CarmichaelType of Legislation: GBSubject: Dillon County Education BoardDate Bill Passed both Bodies: May 28, 1992Computer Document Number: 436/12494.DWGovernor's Action: SDate of Governor's Action: Jun 15, 1992Introduced Date: May 13, 1992Date of Last Amendment: May 28, 1992Last History Body: ------Last History Date: Oct 07, 1992Last History Type: Act No. 591Scope of Legislation: StatewideAll Sponsors: CarmichaelType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 1549 ------ Oct 07, 1992 Act No. 591 1549 ------ Jun 15, 1992 Signed by Governor 1549 ------ Jun 04, 1992 Ratified R 547 1549 Senate May 28, 1992 Concurred in House amendment, enrolled for ratification 1549 House May 28, 1992 Amended, read third time, returned to Senate with amendments 1549 House May 27, 1992 Read second time 1549 House May 26, 1992 Introduced, read first time, placed on Calendar without reference 1549 Senate May 21, 1992 Read third time, sent to House 1549 Senate May 20, 1992 Read second time, unanimous consent for third reading on Thursday, May 21, 1992 1549 Senate May 13, 1992 Introduced, read first time, placed on Local and Uncontested Calendar without referenceView additional legislative information at the LPITS web site.
AN ACT TO AUTHORIZE THE DILLON COUNTY BOARD OF EDUCATION TO BORROW AN AMOUNT NOT TO EXCEED FOUR HUNDRED EIGHTY THOUSAND DOLLARS TO BE USED FOR SCHOOL CONSTRUCTION IN DILLON COUNTY SCHOOL DISTRICT 3, TO PROVIDE FOR THE REPAYMENT OF THE LOAN, AND TO PROVIDE THAT THE AUDITOR OF DILLON COUNTY SHALL LEVY A TAX FOR SCHOOL PURPOSES FOR FISCAL YEAR 1992-93.
Be it enacted by the General Assembly of the State of South Carolina:
Board may borrow
SECTION 1. (A) The Dillon County Board of Education may borrow an amount not exceeding four hundred eighty thousand dollars from any bank or other lending agency at the lowest interest rate available to retire a loan for money used for school construction for Dillon County School District 3. The amount borrowed must be evidenced by a note to be executed by the chairman of the board and the county treasurer. The note shall bear such interest as may be agreed upon to be paid at such times as may be agreed upon with the right to anticipate payment at any time before maturity.
(B) The repayment of the note must be as provided by agreement between the parties.
Auditor to levy tax
SECTION 2. The auditor of Dillon County shall levy one hundred seven and one-half mills on all taxable property of the county for fiscal year 1992-93 for school purposes in Dillon County as follows: operation of schools, 84.5 mills; school debt retirement, 5 mills; teachers' sick leave, 3 mills; Dillon County Vocational School, 14.5 mills; and vocational school special fund, .5 mills.
SECTION 3. This act takes effect upon approval by the Governor.
In the Senate House June 4, 1992.
Nick A. Theodore,
President of the Senate
Robert J. Sheheen,
Speaker of the House of
Approved the 15th day of June, 1992.
Carroll A. Campbell, Jr.
Printer's Date -- July 2, 1992 -- L.