South Carolina Code of Laws
Chapter 1 - General Provisions
Section 13-1-800. Payment in lieu of property taxes on property of division.

The property of the division is not subject to any taxes or assessments, but the division shall negotiate a payment in lieu of taxes with the appropriate taxing authorities.
HISTORY: 1993 Act No. 181, Section 245, eff July 1, 1993.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 13 - Planning, Research and Development

Chapter 1 - General Provisions

Section 13-1-10. Department of Commerce established.

Section 13-1-20. Purposes of department.

Section 13-1-25. Public monies defined; accountability and disclosure requirements; reporting requirements.

Section 13-1-30. Secretary of Commerce; executive director; division directors; duties and responsibilities.

Section 13-1-40. Advisory councils.

Section 13-1-45. South Carolina Water and Wastewater Infrastructure Fund created; definitions; powers and duties of Department of Commerce; criteria for selecting qualified projects.

Section 13-1-50. Annual audit of department.

Section 13-1-60. Severability.

Section 13-1-310. Definitions.

Section 13-1-320. Objectives of division.

Section 13-1-330. Division made up of bureaus.

Section 13-1-340. Director of division; duties, powers and responsibilities.

Section 13-1-350. Director to assume duties of certain former boards, commissions, and councils.

Section 13-1-360. Confidentiality of information.

Section 13-1-370. Advisory committee of the Division of State Development.

Section 13-1-380. Recycling Market Development Advisory Council.

Section 13-1-610. Definitions.

Section 13-1-620. Rights and powers of director.

Section 13-1-630. Area of director's powers.

Section 13-1-640. Issuance of revenue bonds to fund projects.

Section 13-1-650. Executive order of director required for issuance of revenue bonds; contents of order.

Section 13-1-660. Specifics of revenue bonds and their issuance.

Section 13-1-670. Principal and interest on bonds exempt from taxation.

Section 13-1-680. Approval of State Fiscal Accountability Authority as prerequisite to issuance of bonds.

Section 13-1-690. Signature on bonds.

Section 13-1-700. Manner of sale of bonds.

Section 13-1-710. Report to State Treasurer following issuance of bonds.

Section 13-1-720. Enforceability of orders, covenants, and agreements related to bonds.

Section 13-1-730. Bonds to constitute limited obligations of division; payment on bonds.

Section 13-1-740. Investment of funds.

Section 13-1-750. Carryover of funds to subsequent fiscal years.

Section 13-1-760. Determinations of director as prerequisites to undertaking of projects; financing agreements.

Section 13-1-770. Application of proceeds from sale of bonds; what constitutes cost of acquiring project.

Section 13-1-780. Promulgation of regulations.

Section 13-1-790. Establishment of corporations by director.

Section 13-1-800. Payment in lieu of property taxes on property of division.

Section 13-1-810. Division's status as "agency".

Section 13-1-1000. Definitions.

Section 13-1-1010. Commission created; purpose; purchase and sale of aeronautics assets.

Section 13-1-1020. Commission districts; election and appointment of members.

Section 13-1-1030. County-commission district overlap; consecutive terms; two commissioners from same county.

Section 13-1-1040. Delegations to elect commissioner from district; organization of delegation; certification and issuance of commission.

Section 13-1-1050. Terms of commission members; vacancies; forfeiture of office; at-large commission member as chairman.

Section 13-1-1060. Oath of office.

Section 13-1-1070. Official seal; adoption of rules and procedures; reimbursement for official expenses.

Section 13-1-1080. Appointment of executive director.

Section 13-1-1090. Qualifications for commission chairman and members.

Section 13-1-1110. Organization and objectives of division.

Section 13-1-1310. Division of Public Railways created.

Section 13-1-1320. Definitions.

Section 13-1-1330. Powers and duties of director of division.

Section 13-1-1340. Transfer of certain common carrier switching operations to division.

Section 13-1-1350. Power of director to extend division's operations.

Section 13-1-1355. Transfer of certain railroad equipment.

Section 13-1-1360. Bonds of division to be limited obligations.

Section 13-1-1370. Bonds to be secured by pledge of division revenues.

Section 13-1-1380. Contract terms for construction and equipment.

Section 13-1-1390. Determinations of director prerequisite to acquisition of railroads and equipment.

Section 13-1-1400. Power of director over disbursement of bond proceeds.

Section 13-1-1410. Books of additional acquisitions to be kept separately.

Section 13-1-1420. Application of proceeds from sale of bonds.

Section 13-1-1430. Refunding of bonds.

Section 13-1-1440. Bonds to be lawful investments.

Section 13-1-1450. Bonds, revenue, and property of division to be tax exempt.

Section 13-1-1460. Approval of State Fiscal Accountability Authority as prerequisite to issuance of bonds; procedure.

Section 13-1-1470. Director not subject to other limitations.

Section 13-1-1480. Division to hold title to assets and account for revenues; funds to be held in separate accounts.

Section 13-1-1710. Coordinating Council for Economic Development.

Section 13-1-1720. Purpose and duties of council.

Section 13-1-1730. Reports.

Section 13-1-1740. Recommendations by council; review of agency requests for appropriations.

Section 13-1-1750. Funding; technical advisory committees; data sources.

Section 13-1-1760. Council not to infringe on autonomy of other agencies.

Section 13-1-1770. Downtown Redevelopment Program; purpose; guidelines for evaluating and awarding grants.

Section 13-1-1780. Agricultural businesses considered for economic development awards.

Section 13-1-1810. Transfer of powers relating to regional education centers.

Section 13-1-1820. Department to provide oversight to regional education centers.

Section 13-1-1840. Assistance to department in planning and promoting career information and employment options and preparation programs.

Section 13-1-2030. Coordinating Council for Workforce Development created; membership; duties.