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Current Status Bill Number:View additional legislative information at the LPITS web site.4512 Ratification Number:341 Act Number:416 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:20000201 Primary Sponsor:Webb All Sponsors:Webb, Barrett, Dantzler, Harris, Jennings, Leach, Ott, Rhoad, Riser, Robinson, Sandifer, Sharpe, Trotter, Wilkins, Witherspoon Drafted Document Number:l:\council\bills\pt\1781dw00.doc Companion Bill Number:1112 Date Bill Passed both Bodies:20000517 Governor's Action:S Date of Governor's Action:20000526 Subject:Clemson University, plant improvement bonds; limitation provisions, Colleges, Bonds or Notes History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ ------ 20001108 Act No. A416 ------ 20000526 Signed by Governor ------ 20000523 Ratified R341 Senate 20000517 Read third time, enrolled for ratification Senate 20000516 Read second time Senate 20000511 Recalled from Committee, 06 SF placed on the Calendar Senate 20000418 Introduced, read first time, 06 SF referred to Committee House 20000413 Read third time, sent to Senate House 20000412 Read second time House 20000406 Committee report: Favorable 30 HWM House 20000406 Co-Sponsor removed (Rule 5.2) by Rep. Rice House 20000201 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill Revised on April 6, 2000 - Word format Revised on May 11, 2000 - Word format
(A416, R341, H4512)
AN ACT TO AMEND ACT 1278 OF 1970, AS AMENDED, RELATING TO THE ISSUANCE OF PLANT IMPROVEMENT BONDS BY CLEMSON UNIVERSITY, SO AS TO MODIFY THE LIMITATION ON THE AMOUNT OF PLANT IMPROVEMENT BONDS WHICH MAY BE ISSUED.
Be it enacted by the General Assembly of the State of South Carolina:
Bond limitation modified
SECTION 1. Section 4 of Act 1278 of 1970, as last amended by Section 1 of Act 625 of 1990, is further amended to read:
"Section 4. Subject to obtaining the approval of the State Board expressed by an adopted resolution, the trustees may issue, from time-to-time, plant improvement bonds which at no time may exceed thirty million dollars in principal amount outstanding."
Time effective
SECTION 2. This act takes effect upon approval by the Governor.
Ratified the 23rd day of May, 2000.
Approved the 26th day of May, 2000.
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