H*4972(Rat #0472, Act #0154 of 2001)  General Bill, By D. Smith

Similar(H 4267)
 A BILL TO AMEND ACT 856 OF 1964, AS AMENDED, RELATING TO THE WHITNEY AREA FIRE
 DISTRICT IN SPARTANBURG COUNTY, SO AS TO INCREASE THE AMOUNT OF FUNDS WHICH
 MAY BE BORROWED BY THE DISTRICT BOARD FROM ONE HUNDRED TO FIVE HUNDRED
 THOUSAND DOLLARS.

   04/25/00  House  Introduced, read first time, placed on calendar
                     without reference HJ-6
   04/26/00  House  Read second time HJ-18
   04/27/00  House  Read third time and sent to Senate HJ-11
   04/27/00  Senate Intd. & placed on local & uncontested cal. w/o
                     reference SJ-6
   05/03/00  Senate Amended SJ-21
   05/03/00  Senate Read second time SJ-21
   05/04/00  Senate Read third time and returned to House with
                     amendments SJ-62
   05/17/00  House  Debate adjourned on amendments HJ-60
   05/17/00  House  Debate adjourned until Thursday, May 18, 2000 HJ-74
   05/18/00  House  Senate amendment amended HJ-34
   05/18/00  House  Returned to Senate with amendments HJ-34
   06/22/00  Senate Concurred in House amendment and enrolled
   06/22/00         Ratified R 472
   01/11/01         Became law without Governor's signature
   11/15/01         Act No. 154

AN ACT TO AMEND ACT 856 OF 1964, AS AMENDED, RELATING TO THE WHITNEY AREA FIRE DISTRICT IN SPARTANBURG COUNTY, SO AS TO INCREASE THE AMOUNT OF FUNDS WHICH MAY BE BORROWED BY THE DISTRICT BOARD FROM ONE HUNDRED THOUSAND TO FIVE HUNDRED THOUSAND DOLLARS.

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

Increase borrowing ability to five hundred thousand dollars

SECTION 1. Item (h) of Section 5 of Act 856 of 1964, as last amended by Act 1150 of 1974, is further amended to read:

"(h) To borrow not exceeding five hundred thousand dollars on such terms and for such a period as the fire control board may seem most beneficial for the fire district in anticipation of taxes. The indebtedness must be evidenced by a note issued by the members of the board and the county treasurer. The full faith, credit, and taxing power of the Whitney Area Fire District is hereby irrevocably pledged for the payment of the indebtedness."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Ratified the 22nd day of June, 2000.

Became law without the signature of the Governor -- 1/11/01.