H*5148(Rat #0314, Act #0472 of 2002)  General Bill, By Kirsh
 A BILL TO ALLOW THE BOARD OF TRUSTEES OF CLOVER SCHOOL DISTRICT TWO IN YORK
 COUNTY TO ISSUE GENERAL OBLIGATION BONDS OF THE DISTRICT FOR THE PURPOSE OF
 REIMBURSING THE DISTRICT'S GENERAL FUND FOR CAPITAL EXPENDITURES MADE FROM
 THAT FUND IN PRIOR YEARS AND TO REQUIRE THESE BONDS TO MATURE IN NO MORE THAN
 FIVE YEARS.

   04/18/02  House  Introduced, read first time, placed on calendar
                     without reference HJ-6
   04/23/02  House  Read second time HJ-14
   04/24/02  House  Read third time and sent to Senate HJ-18
   04/24/02  Senate Intd. & placed on local & uncontested cal. w/o
                     reference SJ-9
   04/24/02  Senate Unanimous consent for second reading on next
                     legislative day SJ-9
   04/24/02  Senate Unanimous consent for third reading on next
                     legislative day SJ-9
   04/25/02  Senate Read second time SJ-19
   04/26/02  Senate Read third time and enrolled SJ-1
   05/08/02         Ratified R 314
   05/15/02         Became law without Governor's signature
   06/25/02         Effective date 5/15/02
   06/25/02         Copies available
   10/11/02         Act No. 472

AN ACT TO ALLOW THE BOARD OF TRUSTEES OF CLOVER SCHOOL DISTRICT TWO IN YORK COUNTY TO ISSUE GENERAL OBLIGATION BONDS OF THE DISTRICT FOR THE PURPOSE OF REIMBURSING THE DISTRICT'S GENERAL FUND FOR CAPITAL EXPENDITURES MADE FROM THAT FUND IN PRIOR YEARS AND TO REQUIRE THESE BONDS TO MATURE IN NO MORE THAN FIVE YEARS.

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

Bonds authorized

SECTION 1. Notwithstanding any other provisions of law, the board of trustees of Clover School District Two in York County, subject to the requirements of Section 15, Article X of the Constitution of this State, may issue general obligation bonds of the district for the purpose of reimbursing the district's general fund for capital improvement expenditures made from general fund revenues in prior years. Bonds used for this purpose must mature in no more than five years.

Time effective

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

Ratified the 8th day of May, 2002.

Became law without the signature of the Governor -- 5/15/02.