South Carolina Statutes
§ 31-12-290 — Special tax allocation fund; carrying forward of unexpended funds.
South Carolina·Title 31 HOUSING AND REDEVELOPMENT·Ch. 12 REDEVELOPMENT OF FEDERAL MILITARY INSTALLATIONS AND OTHER DEFENSE SITES
During the existence of the special tax allocation fund created pursuant to this chapter, funds not otherwise expended may be carried forward from year to year to be applied to future years' obligations and redevelopment costs and are not surplus funds subject to distribution pursuant to the provisions of Sections 31-12-200 through 31-12-320 unless determined otherwise by resolution of the authority.
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South Carolina § 31-12-290 (Special tax allocation fund; carrying forward of unexpended funds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1994 Act No. 462, SECTION 1; 1998 Act No. 421, SECTION 1; 2004 Act No. 316, SECTION 4.
Nearby Sections
15
§ 31-12-10
Short title.§ 31-12-110
Authority is an "agency".§ 31-12-20
Legislative findings.§ 31-12-250
Disposition of proceeds of obligations.§ 31-12-260
Obligations exempt from taxation.§ 31-12-280
Prerequisites to issuance of obligations.§ 31-12-30
Definitions.§ 31-12-300
Certification by county auditor; determination of value taxable property in project area.§ 31-12-310
Disposition of revenues.