South Carolina Code of Laws
Chapter 53 - Technical And Vocational Education And Training
Section 59-53-2460. Exemptions from taxes.

In performing an essential governmental function in the exercise of the powers conferred upon it, an authority is not required to pay taxes or assessments upon property or upon its activities or operations or the income from them, or taxes or assessments upon property acquired or used by an authority or upon the income from them. Bonds, notes, other obligations, or indebtedness issued by an authority and the income from them are free from taxation and assessment of every kind by the State and by the local governments and other political subdivisions of the State.
HISTORY: 2009 Act No. 71, Section 3, eff June 16, 2009.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 59 - Education

Chapter 53 - Technical And Vocational Education And Training

Section 59-53-10. State Board for Technical and Comprehensive Education created; members; terms; rules and regulations; contracts.

Section 59-53-20. Jurisdiction and authority of Board over state-supported technical institutions and programs; South Carolina Technical Education System.

Section 59-53-30. Open admissions; tuition and fees; literacy and vocational programs; parallel programs.

Section 59-53-40. Coordination with Commission on Higher Education and others; budget; college parallel courses and associate degree programs.

Section 59-53-50. Additional powers and duties of Board.

Section 59-53-51. Board to establish statewide policies and procedures; appeal by area commission.

Section 59-53-52. Powers and duties of area commissions.

Section 59-53-53. Borrowing by area commissions; special fees; disposing of excess real property.

Section 59-53-57. State funds; procedures for appropriations.

Section 59-53-70. Branches of University of South Carolina.

Section 59-53-80. Transfer of control and management of certain area trade schools from State Board of Education to State Board for Technical and Comprehensive Education.

Section 59-53-90. Applications for Federal funds.

Section 59-53-100. Expenditure of net funds derived from auxiliary enterprises in institutions under supervision of Board; limitations.

Section 59-53-150. Legislative findings.

Section 59-53-151. Definitions.

Section 59-53-152. Board may construct or acquire plant improvements.

Section 59-53-153. Bond issues.

Section 59-53-154. Bond issues; full faith and credit of State shall not be pledged.

Section 59-53-155. Bond issues; resolutions by board; limitations.

Section 59-53-156. Bond issues; maturing provisions; interest; redemption.

Section 59-53-157. Bond issues; negotiable coupon bonds or fully registered bonds.

Section 59-53-158. Bond issues; tax-exempt status.

Section 59-53-159. Bond issues; executors and administrators.

Section 59-53-160. Bond issues; executed in name of subject college.

Section 59-53-161. Bond issues; disposal of bonds.

Section 59-53-162. Proceeds of bonds.

Section 59-53-163. Bond reserve fund and student fee.

Section 59-53-164. When student fee is payable; payment of costs from reserve fund.

Section 59-53-165. Board's power regarding resolutions authorizing bond issues.

Section 59-53-166. State Treasurer may accept custody of receipts from special student fee.

Section 59-53-167. Article not intended to limit any college.

Section 59-53-168. Administrative efficiency for State Board for Technical and Comprehensive Education; advisory board.

Section 59-53-210. Creation of District; Commission.

Section 59-53-220. Members of Commission; terms.

Section 59-53-230. Officers of Commission; conduct of business.

Section 59-53-240. Technical college.

Section 59-53-250. Cost of operation and maintenance of center.

Section 59-53-260. Disposition of center.

Section 59-53-270. Powers of commission.

Section 59-53-280. Audit.

Section 59-53-290. Ground lease agreements.

Section 59-53-410. Creation of commission; membership; officers; meetings; reports.

Section 59-53-420. Powers of commission.

Section 59-53-430. Accounts of commission; audits.

Section 59-53-440. Budgets.

Section 59-53-450. "Main campus" and "enterprise campus" defined; management by Trident Technical College Enterprise Campus Authority.

Section 59-53-460. Citation of subarticle.

Section 59-53-465. Definitions.

Section 59-53-470. Trident Technical College Enterprise Authority created; governance.

Section 59-53-475. Board powers.

Section 59-53-480. Exemptions from statutory bonding, leasing, procurement, and disposition of surplus property requirements; adoption of procurement policy.

Section 59-53-485. Issuance of bonds.

Section 59-53-490. Reports on development and use of enterprise campus.

Section 59-53-500. Tax exemption; interest on bonds.

Section 59-53-510. Creation of commission; membership.

Section 59-53-515. Superintendents of school districts of Dillon County to serve rotating terms as member of commission.

Section 59-53-520. Administration of program of vocational and technical education.

Section 59-53-530. Powers and duties of commission.

Section 59-53-540. Accounts of commission; audit.

Section 59-53-610. Denmark Technical College Area Commission created; members; terms.

Section 59-53-620. Selection of members.

Section 59-53-630. Powers and funding of commission; ground lease agreements.

Section 59-53-640. Commission to maintain record of its receipts and expenditures; reports to be filed; audits to be conducted.

Section 59-53-710. Committee as a body politic and corporate; membership.

Section 59-53-720. Administration of program of vocational and technical education.

Section 59-53-730. Powers and duties of committee.

Section 59-53-740. Lease agreements for creation, operation, or use of campus facilities.

Section 59-53-810. Creation of commission; membership; officers.

Section 59-53-820. Technical educational center; reversion on dissolution.

Section 59-53-830. Powers and duties of commission.

Section 59-53-840. Accounts of commission; audit.

Section 59-53-850. Annual reports.

Section 59-53-860. Treasurer of Horry County authorized to provide revolving loan account to Horry County Technical Education Commission.

Section 59-53-910. Creation of commission; appointment and terms of members; election of officers.

Section 59-53-920. Selection of members on basis of merit; membership to be broadly representative of citizenry.

Section 59-53-930. Powers of commission; preparation of annual budget; funding.

Section 59-53-940. Accounting requirements; annual audit.

Section 59-53-1010. Creation of commission; membership; officers.

Section 59-53-1020. Development of vocational technical training program.

Section 59-53-1030. Powers of Commission.

Section 59-53-1040. Accounts of commission; audits.

Section 59-53-1050. Reports.

Section 59-53-1060. Apportionment of expenses.

Section 59-53-1110. Commission created; members; appointment; organization.

Section 59-53-1120. Powers and duties; name of institution.

Section 59-53-1130. Receipt and administration of funds; gifts and grants.

Section 59-53-1140. Submission of annual budget.

Section 59-53-1210. Creation of district; commission.

Section 59-53-1220. Membership of Commission; officers.

Section 59-53-1230. Technical education center.

Section 59-53-1240. General powers of commission.

Section 59-53-1250. Expenses of district.

Section 59-53-1260. Audit.

Section 59-53-1270. Disposition of center.

Section 59-53-1310. Creation of commission; membership; terms; election of chairman and officers.

Section 59-53-1320. Powers and duties.

Section 59-53-1330. Annual local accounting; funding for capital improvements.

Section 59-53-1340. Budget.

Section 59-53-1410. Creation of commission; membership; officers.

Section 59-53-1420. Duties of commission.

Section 59-53-1430. Powers of commission.

Section 59-53-1440. Representation contingent upon financial support and participation.

Section 59-53-1450. Accounts of commission; audit.

Section 59-53-1460. Reports.

Section 59-53-1500. Greenville Technical College Area Commission.

Section 59-53-1510. Accounting.

Section 59-53-1520. Report.

Section 59-53-1610. Commission renamed.

Section 59-53-1710. Creation of commission; membership; officers.

Section 59-53-1720. Powers and duties of commission.

Section 59-53-1725. "Northeast Campus" and "Enterprise Campus" defined; arrangements between commission and Enterprise Campus Authority for property management, provision of services, and disposition of property.

Section 59-53-1730. Participating counties to appropriate and contribute funds to commission.

Section 59-53-1740. Commission to keep certain records; audit; filing of audit.

Section 59-53-1750. Commission to make annual written report; filing of report.

Section 59-53-1760. Participating counties to receive portion of funds derived from sale of certain facilities.

Section 59-53-1780. Short title.

Section 59-53-1781. Definitions.

Section 59-53-1782. Midlands Technical College Enterprise Campus Authority created; governing board; purpose.

Section 59-53-1783. Powers of board.

Section 59-53-1784. Lease agreements for construction and use of Enterprise Campus facilities; procurement policy; disposal of surplus property.

Section 59-53-1785. Issuance of bonds; liability for payment of obligations; information to appear on face of bonds.

Section 59-53-1786. Annual report.

Section 59-53-1787. Exemption from taxes and assessments.

Section 59-53-1810. Federal act accepted; State Board of Education designated as State Board of Career and Technology Training.

Section 59-53-1820. Board authorized to cooperate with local or State agencies for educational advancement.

Section 59-53-1830. Career and Technology training funds.

Section 59-53-1840. Annual appropriation for career and technology education.

Section 59-53-1850. Disbursement of funds.

Section 59-53-1860. Use of funds.

Section 59-53-1870. Expenditure of funds; instructional program standards; review.

Section 59-53-1880. Affiliation among school districts to develop and maintain career and technology education facilities and programs.

Section 59-53-1890. Affiliation agreements.

Section 59-53-1900. Two or more school districts joining to create career and technology schools; composition of board; terms; vacancies.

Section 59-53-1910. Joint career and technology school funding.

Section 59-53-1920. Powers of joint career and technology school boards.

Section 59-53-1930. Fiscal year; audits.

Section 59-53-1940. Injury to or destruction of facilities of joint career and technology board; penalty.

Section 59-53-1950. Appropriations for purchase of career and technology training equipment; priorities.

Section 59-53-1960. Work force preparation program placement requirements; surveys; waiver; notification of possible discontinuance.

Section 59-53-1980. Committee to study areas of career and technology training; recommendations.

Section 59-53-2010. Definitions.

Section 59-53-2020. Motorcycle Safety Instruction Program created; administration; instructors; curriculum.

Section 59-53-2030. Fees.

Section 59-53-2040. Acceptance of donations.

Section 59-53-2050. Reduction of insurance rates upon completion of program.

Section 59-53-2400. Definitions.

Section 59-53-2410. Technical College Enterprise Campus Authorities created; purpose.

Section 59-53-2420. Powers of board; contracts with public and private entities relating to facilities.

Section 59-53-2430. Lease and lease purchase agreements; approval; compliance with Title 11, Chapter 35 and Section 1-11-65.

Section 59-53-2440. Issuance of bonds, notes, other obligations, or indebtedness.

Section 59-53-2450. Annual report.

Section 59-53-2460. Exemptions from taxes.

Section 59-53-2470. Powers and duties of commission; designation of area and purpose of enterprise campus; management, development, and operation; conveyance of real and personal property.