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A199, R224, S910
STATUS INFORMATION
General Bill
Sponsors: Senator Land
Document Path: l:\s-resmin\drafting\jcl\011clar.tcm.jcl.docx
Introduced in the Senate on January 12, 2010
Introduced in the House on February 16, 2010
Passed by the General Assembly on May 20, 2010
Became law without Governor's signature, June 1, 2010
Summary: Special purpose districts
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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12/9/2009 Senate Prefiled
12/9/2009 Senate Referred to Committee on Finance
1/12/2010 Senate Introduced and read first time SJ-15
1/12/2010 Senate Referred to Committee on Finance SJ-15
1/20/2010 Senate Committee report: Favorable with amendment Finance SJ-8
1/21/2010 Scrivener's error corrected
1/21/2010 Senate Committee Amendment Adopted SJ-15
1/22/2010 Scrivener's error corrected
2/3/2010 Senate Read second time SJ-40
2/4/2010 Senate Read third time and sent to House SJ-6
2/16/2010 House Introduced and read first time HJ-9
2/16/2010 House Referred to Committee on Ways and Means HJ-9
5/6/2010 House Recalled from Committee on Ways and Means HJ-32
5/18/2010 House Debate adjourned until Wednesday, May 19, 2010 HJ-168
5/19/2010 House Read second time HJ-14
5/20/2010 House Read third time and enrolled HJ-12
5/25/2010 Ratified R 224
6/1/2010 Became law without Governor's signature
6/11/2010 Effective date 06/01/10
6/15/2010 Act No. 199
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
12/9/2009
1/20/2010
1/21/2010
1/22/2010
5/6/2010
(A199, R224, S910)
AN ACT TO AMEND SECTION 6-21-185, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO A SPECIAL PURPOSE DISTRICT MORTGAGE TO SECURE CERTAIN BONDS OR LOANS WHEN THE SPECIAL PURPOSE DISTRICT PROVIDES HOSPITAL, NURSING HOME, OR CARE FACILITIES, SO AS TO REMOVE LIMITATIONS REGARDING ACCOMMODATIONS TAX COLLECTIONS FROM THE AUTHORITY OF A DISTRICT TO MORTGAGE ITS PROPERTY UNDER THE REVENUE BOND ACT FOR UTILITIES; BY ADDING SECTION 6-17-95 SO AS TO AUTHORIZE A MUNICIPALITY PROVIDING HOSPITAL, NURSING HOME, OR CARE FACILITIES TO BORROW MONEY IN A MANNER THAT IS CONSISTENT WITH SECTION 44-7-60; AND BY ADDING SECTION 6-11-101 SO AS TO CLARIFY THE POWERS OF HOSPITAL DISTRICTS INCLUDING OWNING, LEASING, OPERATING, MAINTAINING, CONVEYING, SELLING, OR MORTGAGING OF HOSPITAL FACILITIES.
Be it enacted by the General Assembly of the State of South Carolina:
Special purpose districts providing hospital, nursing home, or care facilities; mortgages
SECTION 1. Section 6-21-185 of the 1976 Code, as added by Act 350 of 2008, is amended to read:
"Section 6-21-185. Under the revenue bond act for utilities in the case of a special purpose district providing hospital, nursing home, or care facilities, the special purpose district is authorized to provide a mortgage on any real or personal property to secure the purchase of any indebtedness by any federal agency or the guarantee of any indebtedness by any federal agency."
Municipalities providing hospital, nursing home, or care facilities; mortgages
SECTION 2. Chapter 17, Title 6 of the 1976 Code is amended by adding:
"Section 6-17-95. Under the revenue bond refinancing act, in the case of a municipality providing hospital, nursing home, or care facilities, the municipality may utilize the provisions of Section 44-7-60 to secure payment on any indebtedness purchased by any federal agency or any indebtedness guaranteed by any federal agency."
Hospital districts, powers
SECTION 3. Article 1, Chapter 11, Title 6 of the 1976 Code is amended by adding:
"Section 6-11-101. Any hospital district created by the General Assembly shall be authorized to own, lease, operate, maintain, convey, sell, or otherwise dispose of 'hospital facilities', as defined in Section 44-7-1430(f), and as authorized by Section 6-21-100. Additionally, any hospital district shall be authorized to mortgage its hospital facilities so long as the action is made in connection with the purchase of the hospital district's indebtedness by any federal agency or the guarantee of the hospital district's indebtedness by any federal agency. Any hospital district shall be authorized to own, operate, convey, sell, or lease hospital facilities located outside the current limits of the hospital district in any county adjacent to the boundaries of the hospital district, as set out in the hospital district's enabling legislation, all on such terms as its governing body shall approve, whenever it shall be economically feasible. Additionally, any hospital district shall be authorized to create and establish an entity under Chapters 31 or 44, Title 33."
Time effective
SECTION 4. This act takes effect upon approval by the Governor.
Ratified the 25th day of May, 2010.
Became law without the signature of the Governor -- 6/1/2010.
This web page was last updated on Friday, August 16, 2013 at 1:56 P.M.