reglab/housing_qa huggingface dataset:
SC Code § 11-37-105 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-105. Jobs Economic Development Authority to be reimbursed for expenses.

 In addition to the amount of bonds authorized by the authority, the State Treasurer shall include in the bond issue any fees and costs incurred by the Jobs Economic Development Authority to receive, research, investigate, and process any applications for projects not to exceed one hundred thousand dollars in any one fiscal year. The Jobs Economic Development Authority shall submit quarterly requests for reimbursement by the authority for costs incurred.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-120 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-120. Validity of lien of pledge; recording or filing not required.

 Any pledge made by the authority is valid and binding from the time the pledge is made. The revenue, money, or property pledged and thereafter received by the authority is immediately subject to the lien of the pledge without any physical delivery or further act. The lien of any pledge is valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the authority, irrespective of whether the parties have notice of the pledge. No recording or filing of the resolution authorizing the issuance of bonds, the trust indenture securing bonds, or any other instrument including filings under the Uniform Commercial Code is necessary to create or perfect any pledge or security interest granted by the authority to secure any bonds, but the record of the proceedings relative to the issuance of any bonds must be filed as prescribed by Section 11-15-20.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-130 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-130. Purchase of outstanding bonds.

 The authority, subject to agreements with bondholders as may then exist, may purchase outstanding bonds of the authority with any available funds, at any reasonable price. If the bonds are then redeemable, the price shall not exceed the redemption price then applicable plus accrued interest to the next interest payment date.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-140 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-140. Form and manner of execution of bonds to be prescribed by authority.

 Bonds of the authority must be in a form and must be executed in a manner prescribed by the authority.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-150 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-150. Signatures of former members or officers of authority.

 In the event that any of the members or officers of the authority cease to be members before the delivery of any bonds signed by them, their signatures or authorized facsimile signatures are nevertheless valid and sufficient for all purposes as if they had remained in office until the delivery of the bonds.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-160 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-160. Amendments to chapter may not limit vested rights.

 Subsequent amendments to this chapter may not limit the rights vested in the authority with respect to any agreements made with, or remedies available to, the holders of bonds issued under this chapter before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with any proceeding by or on behalf of the holders, are fully met and discharged.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-170 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-170. Capital reserve funds.

 (A)(1) The authority may create and establish one or more capital reserve funds and may pay into each capital reserve fund any:  (a) monies appropriated and made available by the State for the purpose of such a fund;  (b) proceeds of the sale of bonds of the authority to the extent provided in the resolution authorizing the issuance of, or the trust indenture securing, the bonds; and  (c) other monies which may be made available to the authority for the purpose of such a fund from any other source. All monies held in any capital reserve fund, except as provided in this chapter, must be used solely for the payment, when due, of the principal of, and interest on the bonds secured in whole or in part by such a fund. If monies in any such fund are less than the reserve fund requirement established upon the issuance of any bonds for the fund, the authority may not use the monies for any optional purchase or redemption of bonds until the reserve fund requirement is fully restored. Any income or interest earned on, or increment to, any capital reserve fund due to its investment may be transferred by the authority to its other funds or accounts if it does not reduce the amount in the capital reserve fund below the reserve fund requirement.  (2) The authority may not at any time issue bonds secured in whole or in part by any capital reserve fund, if upon the issuance, the amount in the capital reserve fund is less than the reserve fund requirement unless it, at the time of issuance of the bonds, deposits in the fund an amount which, together with the amount then in the fund, is not less than the fund's reserve fund requirement.  (B) The authority may create and establish other funds as necessary or desirable for its corporate purposes.  (C) Nothing in this section may be construed as limiting the power of the authority to issue bonds not secured by a capital reserve fund.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-190 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-190. State grants.

 The State may make, but is not required to make, grants of money or property to the authority for the purpose of enabling it to carry out its corporate purposes and for the exercise of its powers, including deposits to capital reserve funds. This section may not be construed to limit any other power to make grants to the authority.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-210 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-210. Tax exempt status of authority.

 The authority in performing an essential governmental function in the exercise of the powers conferred upon it is not required to pay any taxes or assessments upon any project or any property or upon any of its operations or the income from them, or any taxes or assessments upon any project or any property or local obligation acquired or used by the authority or upon the income from them. Any bonds issued by the authority, the transfer of bonds, and the income from them, is free from taxation and assessment of every kind by the State and by the local governments and other political subdivisions of the State.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-220 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-220. Bonds as legal investments and securities.

 The bonds issued by the authority are legal investments in which all public officers or public bodies of the State, its political subdivisions, all municipalities and political subdivisions, all insurance companies and associations and other persons carrying on insurance business, all banks, bankers, banking associations, trust companies, savings banks, savings associations, including savings and loan association investment companies, and other persons carrying on a banking business, all administrators, guardians, executors, trustees, and other fiduciaries, and all other persons who are now or may be authorized in the future to invest in bonds or other obligations of the State, may invest funds in their control or belonging to them. The bonds of the authority are also securities which may be deposited with and received by all public officers and bodies of the State or any agency or political subdivision of the State and all municipalities and public corporations for any purpose for which the deposit of bonds or other obligations of the State is now or may later be required by law.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-230 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-230. State Treasurer to invest monies of authority.

 All money of the authority, except as otherwise authorized by law or provided in this chapter, must be deposited with and invested by the State Treasurer. Funds of the authority not needed for immediate use or disbursement, including any funds held in any capital reserve fund, may be invested by the State Treasurer in obligations or securities which are declared to be legal obligations by the provisions of Chapter 5, Title 6, Section 11-9-660, and Section 11-9-661.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-240 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-240. Annual report.

 The authority shall submit, following the close of each fiscal year, an annual report of its activities for the preceding year to the Governor and to the members of the General Assembly. Each report shall set forth a complete operating and financial statement of the authority during the fiscal year it covers. The State Auditor or, upon his approval, an independent certified public accountant shall perform an audit of the books and accounts of the authority at least once in each fiscal year.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-250 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-250. Construction of chapter.

 The provisions of this chapter must be liberally construed to the end that its beneficial purposes may be effectuated. No proceedings, notice, or approval is required for the issuance of any bonds of the authority or any instruments or the security thereof, except as provided in this chapter. Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, general, special, or local, the provisions of this chapter are controlling.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-260 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-260. State Treasurer may withhold monies from defaulting local governments.

 If at any time any local government fails to effect the punctual payment of the principal of or interest on its local obligations, the State Treasurer shall withhold from the local government sufficient monies from any state appropriation to the local government and apply so much as is necessary to the payment of the principal of and interest on the local obligation of the government. All appropriations of local governments of the State are subject to the provisions of this section. If the local government does not receive state aid in an amount necessary to repay the obligation, the Comptroller General may levy and require the applicable county treasurer to collect and remit to the authority an ad valorem tax sufficient to meet the obligation.  HISTORY: 1988 Act No. 682, Section 2.
SC Code § 11-37-270 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-270. Legislative declaration of intent.

 (A) Act 682 of 1988 created the South Carolina Resources Authority which proposes to issue its revenue bonds in accordance with the act for the purpose of refunding outstanding bonds of local governmental units held by the Farmers Home Administration. It is desirable that the authority issue its bonds within the next ninety days so that the proceeds may be used to enable local governmental units to pay off outstanding loans to the Farmers Home Administration at a substantial discount which will not be available after May 9, 1989.  (B) Act 682 of 1988 contains features authorizing the issuing of bonds for the benefit of private eleemosynary companies; permitting bond proceeds to be used to acquire local obligations payable from property taxes; permitting the imposition of local property taxes by the Comptroller General for the repayment of local obligations and providing for the payment of local obligations and authority bonds from state appropriations. It is anticipated that these features will be presented to the court for a confirmation of their constitutionality. In the meantime, the authority shall proceed in order to meet the deadline established by the Farmers Home Administration to issue, pursuant to Act 682 of 1988, bonds which can be issued independent of the features described above. The General Assembly declares that the remaining portion of Act 682 of 1988 is capable of being executed in accordance with the legislative intent, wholly independent of those features described above, or any of them.  HISTORY: 1989 Act No. 55, Section 1.  Editor's Note  1988 Act No. 682, referred to in this section, has been codified as Section 11-37-10 et seq.
SC Code § 11-37-280 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 37 - South Carolina Resources Authority Act|Section 11-37-280. Chapter repealed when all bonds are retired.

 When all bonds issued by the South Carolina Resources Authority are retired, this chapter is repealed.  HISTORY: 1994 Act No. 525, Section 5.
SC Code § 11-38-10 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 38 - Issuance Of Capital Improvement Bonds In Denominations Of Less Than One Thousand Dollars|Section 11-38-10. Applicability.

 Notwithstanding the provisions of Act 1377 of 1968, with regard to the denominations of capital improvement bonds which may be issued and the price at which they may be sold, the provisions of this chapter apply to the issuance of capital improvement bonds issued in denominations of less than one thousand dollars.  HISTORY: 1993 Act No. 53, Section 2.
SC Code § 11-38-20 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 38 - Issuance Of Capital Improvement Bonds In Denominations Of Less Than One Thousand Dollars|Section 11-38-20. Authorization to issue; amount; sale; sale price; maturity; interest.

 (A) The State Fiscal Accountability Authority is authorized to provide for the issuance of capital improvement bonds in denominations of less than one thousand dollars.  (B) Capital improvement bonds in denominations of less than $1,000 are authorized to be sold at a price less than par, plus accrued interest from their date to the date of their delivery.  (C) For the purpose of computing the principal amount of capital improvement bonds issued, the amount of capital improvement bonds issued in denominations less than $1,000 must be determined by the amount the State receives from the issuance of such bonds, rather than the par amount of such bonds.  (D) Capital improvement bonds issued in denominations of less than $1,000 shall mature in such amounts and at such times as the State Treasurer shall determine.  (E) The requirement that capital improvement bonds be sold upon sealed proposals, after publication of notice of sale one or more times at least ten days before such sale, in a newspaper of general circulation in the State and also a financial paper published in New York City, shall not apply to the sale of capital improvement bonds in denominations of less than $1,000. The State Treasurer is authorized to develop and implement a program for the sale of capital improvement bonds in denominations of less than $1,000, including the advertisement of it, that will ensure an opportunity for citizens of the State to purchase these capital improvement bonds.  (F) The State Treasurer shall determine the rate or rates of interest that capital improvement bonds issued in denominations of less than $1,000 shall bear.  HISTORY: 1993 Act No. 53, Section 2; 2014 Act No. 121 (S.22), Pt VII, Section 20.F, eff July 1, 2015.  Effect of Amendment  2014 Act No. 121, Section 20.F, in subsection (A), substituted "Fiscal Accountability Authority" for "Budget and Control Board", and made other nonsubstantive changes.
SC Code § 11-38-30 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 38 - Issuance Of Capital Improvement Bonds In Denominations Of Less Than One Thousand Dollars|Section 11-38-30. Applicability of provisions of Act 1377 of 1968 which are not in conflict.

 All provisions of Act 1377 of 1968, as amended, not inconsistent, or in conflict, with the provisions of this chapter are applicable to capital improvement bonds issued in denominations less than $1,000.  HISTORY: 1993 Act No. 53, Section 2.
SC Code § 11-39-10 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 39 - Joint Legislative Committee On Energy|Section 11-39-10. Committee to review energy policy.

 Prior to authorization of the expenditure of any oil overcharge refund monies by the Office of the Governor, pursuant to the provisions of Chapter 65, Title 2, Code of Laws of South Carolina, 1976, the Joint Legislative Committee on Energy shall review and make a recommendation as to the approval and adoption of this state's energy policy. Energy policy established by the Joint Legislative Committee on Energy must be based primarily on the potential for reducing the costs of energy consumption, and such potential cost savings must be estimated and documented for future analysis.  HISTORY: 1988 Act No. 680, Section 1.
SC Code § 11-39-20 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 39 - Joint Legislative Committee On Energy|Section 11-39-20. Allocation of funding.

 Pursuant to the guidelines established by the Department of Energy, decisions of the federal courts, and the Joint Legislative Committee on Energy, the Governor's office shall make decisions on the allocation of energy program funding. After consultation with the Governor's office, the Joint Legislative Committee on Energy shall review the projects approved by the Governor for funding. This review may not exceed sixty days and the Joint Legislative Committee on Energy may within that time period remand to the Governor's office for reconsideration any of the approved projects with which the committee is in disagreement.  HISTORY: 1988 Act No. 680, Section 2.
SC Code § 11-39-30 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 39 - Joint Legislative Committee On Energy|Section 11-39-30. Oversight responsibility.

 The Joint Legislative Committee on Energy has the authority and responsibility of continuous energy program oversight on the actual expenditure and use of the oil overcharge funds, including, but not limited to, the receipt and review of all reports, contracts, and subcontracts issued and any other information considered necessary to assure that such funds are being utilized in accordance with the energy policy and energy program plans approved as stated in this chapter.  HISTORY: 1988 Act No. 680, Section 3.
SC Code § 11-39-40 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 39 - Joint Legislative Committee On Energy|Section 11-39-40. Evaluation of entity receiving financial gain.

 Any state agency, board, commission, institution, or other entity funded from the general fund of the State which receives a financial gain as a result of energy efficiency improvements undertaken as a result of the state's energy programs must be evaluated as to the actual annual dollar savings attained. The cost savings must be reported to the Joint Legislative Committee on Energy by the entity administering the state energy program. The Joint Legislative Committee on Energy shall review the report of cost savings to ensure that the dollar amounts saved are accurate, and the committee shall report its findings to the Senate Finance Committee and to the House Ways and Means Committee annually, not later than January first. The entity administering the state energy program shall cooperate fully with the Joint Legislative Committee on Energy to ensure that the annual reporting requirement is met.  HISTORY: 1988 Act No. 680, Section 4.
SC Code § 11-39-50 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 39 - Joint Legislative Committee On Energy|Section 11-39-50. Deposit in interest-bearing account; disbursement.

 Oil overcharge funds must be deposited by the State Treasurer in interest-bearing accounts of the State, with interest earned to be earmarked for the same purposes as the oil overcharge monies. The administering entity shall ensure that funds are drawn down and disbursed in a manner that ensures the maximum interest accruing to the State Treasurer's oil overcharge funds account.  HISTORY: 1988 Act No. 680, Section 5; 2005 Act No. 164, Section 12.
SC Code § 11-40-10 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 40 - South Carolina Infrastructure Facilities Authority Act|Section 11-40-10. Short Title.

 This chapter may be cited as the "South Carolina Infrastructure Facilities Authority Act".  HISTORY: 1994 Act No. 525, Section 2.
SC Code § 11-40-20 (2021)
2021 South Carolina Code of Laws|Title 11 - Public Finance|Chapter 40 - South Carolina Infrastructure Facilities Authority Act|Section 11-40-20. South Carolina Infrastructure Facilities Authority; creation; membership; purpose.

 (A) There is created a body corporate and politic and an instrumentality of the State to be known as the South Carolina Infrastructure Facilities Authority. The members of the State Fiscal Accountability Authority comprise the authority to serve ex officio in the same capacity as they serve as members of the authority.  (B) The corporate purpose of the authority is assistance to local governments in constructing, extending, rehabilitating, repairing, replacing, and renewing infrastructure facilities necessary for public purposes and commercial, residential, and industrial development purposes or necessary or incidental to such purposes by providing grants, loans, bonds, and other forms of financial and technical assistance to local governments to finance any project or pay the cost of any project. The exercise by the authority of a power conferred in this chapter is an essential public function.  HISTORY: 1994 Act No. 525, Section 2; 2014 Act No. 121 (S.22), Pt VII, Section 20.G.1, eff July 1, 2015.  Effect of Amendment  2014 Act No. 121, Section 20.G.1, in subsection (A), substituted "State Fiscal Accountability Authority comprise the authority to serve ex officio in the same capacity as they serve as members of the authority" for "South Carolina State Budget and Control Board comprise the authority".