South Carolina Statutes
§ 57-11-270 — Revision of taxes included in sources of revenue.
South Carolina § 57-11-270
This text of South Carolina § 57-11-270 (Revision of taxes included in sources of revenue.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 57-11-270 (2026).
Text
The pledge of monies derived from the sources of revenue shall not preclude the General Assembly from revising the quantum of any tax included in the sources of revenue except that, so long as any state highway bonds shall be outstanding, the sources of revenue shall be not less than the amount needed to fund the general operations budget of the department and debt service requirements for annual principal and interest payments on state highway bonds.
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Legislative History
HISTORY: 1962 Code SECTION 33-277; 1972 (57) 3088; 1973 (58) 36; 1993 Act No. 181, SECTION 1524.
Nearby Sections
15
§ 57-11-210
Definitions.§ 57-11-235
Issuance of highway bonds.§ 57-11-250
Pledge for payment of bonds.§ 57-11-280
Bond resolution.§ 57-11-330
Interest on bonds; maturity.§ 57-11-340
Exemption of bonds from taxation.§ 57-11-360
Sale of bonds.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 57-11-270, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/11/57-11-270.