The issuance of bonds pursuant to this chapter is not intended to provide the pollution control facilities financed thereby with any exemption from taxation and whether or not pollution control facilities financed pursuant to this chapter are exempt from taxation shall be determined in accordance with the provisions of the applicable general laws providing for tax exemption and without regard to the fact that the pollution control facilities have been financed through the issuance of bonds pursuant to this chapter.
HISTORY: 1975 (59) 61.
Structure South Carolina Code of Laws
Title 48 - Environmental Protection and Conservation
Chapter 3 - Pollution Control Facilities
Section 48-3-20. Powers of counties and incorporated municipalities generally.
Section 48-3-30. Terms, form, execution, and sale of bonds; bond anticipation notes.
Section 48-3-40. Security for bonds.
Section 48-3-50. Letting of contracts for construction of pollution control facilities.
Section 48-3-70. Required provisions in loan agreements; provision for additional parity bonds.
Section 48-3-80. Optional provisions in loan agreements.
Section 48-3-90. Use of proceeds from sale of bonds.
Section 48-3-100. Refunding bonds.
Section 48-3-110. Investment in bonds legal.
Section 48-3-120. Exemptions from taxation generally.
Section 48-3-130. Exemption from taxation of pollution control facilities.
Section 48-3-150. Chapter to be construed as cumulative; execution of authorization.
Section 48-3-160. Existing powers of incorporated municipalities not affected.