The obligations authorized by this chapter and the income from the obligations and all security agreements and indentures executed as security for the obligations made pursuant to the provisions of this chapter and the revenue derived from the obligations are exempt from all taxation in the State of South Carolina except for inheritance, estate, or transfer taxes and all security agreements and indentures made pursuant to the provisions of this chapter are exempt from all state stamp and transfer taxes.
HISTORY: 1999 Act No. 109, Section 1.
Structure South Carolina Code of Laws
Title 31 - Housing and Redevelopment
Chapter 7 - Tax Increment Financing For Counties
Section 31-7-25. Additional findings.
Section 31-7-40. Obligations and pledges authorized; surplus fund distributions.
Section 31-7-50. Application of proceeds.
Section 31-7-60. State tax exemptions.
Section 31-7-70. Ordinance adoption requirements and obligation retirement.
Section 31-7-75. Municipal annexation; ad valorem tax valuation.
Section 31-7-80. Conditions for issuing obligations; approving and modifying redevelopment plans.
Section 31-7-90. Residential displacement requirements, benefits, and protections.
Section 31-7-100. County auditor certification; value assessments; extending taxes.
Section 31-7-110. Revenues and grants; county powers.
Section 31-7-120. Intergovernmental agreements.
Section 31-7-130. Government-owned telecommunications service providers.