South Carolina General Assembly
120th Session, 2013-2014

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Bill 10

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Indicates New Matter

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COMMITTEE REPORT

April 17, 2013

S. 10

Introduced by Senators L. Martin and Fair

S. Printed 4/17/13--H.

Read the first time March 13, 2013.

            

THE COMMITTEE ON EDUCATION AND PUBLIC WORKS

To whom was referred a Joint Resolution (S. 10) to authorize school trustees of a school district, in Fiscal Year 2012-2013, to sell or lease school property, real or personal, in the school district at any, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

PHILLIP D. OWENS for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

ESTIMATED FISCAL IMPACT ON GENERAL FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

ESTIMATED FISCAL IMPACT ON FEDERAL & OTHER FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

EXPLANATION OF IMPACT:

South Carolina Department of Education (SCDE) indicates this bill will have no fiscal impact on the General Fund of the State or on federal and/or other funds.

LOCAL GOVERNMENT IMPACT:

SCDE anticipates an increase in revenue for the local school districts.

Approved By:

Brenda Hart

Office of State Budget

A JOINT RESOLUTION

TO AUTHORIZE SCHOOL TRUSTEES OF A SCHOOL DISTRICT, IN FISCAL YEAR 2012-2013, TO SELL OR LEASE SCHOOL PROPERTY, REAL OR PERSONAL, IN THE SCHOOL DISTRICT AT ANY TIME THEY DEEM IT EXPEDIENT TO DO SO AND APPLY THE PROCEEDS OF THE SALE OR LEASE TO THE SCHOOL FUND OF THE DISTRICT.

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

SECTION    1.    Notwithstanding Section 59-19-250, for Fiscal Year 2012-2013, school trustees of a school district that do not currently have the authority to do so, may sell or lease school property, real or personal, in the school district at any time they deem it expedient to do so and apply the proceeds of the sale or lease to the school fund of the district.

SECTION    2.    This joint resolution takes effect upon approval by the Governor.

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