™Your Policy Risk Impact Agent
18 chapters · 335 sections in this title.
S.C. Code Ann. § 31-6-10 Short title
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This chapter may be cited as the "Tax Increment Financing Law".
S.C. Code Ann. § 31-6-100 Assessment of value of real estate in redevelopment project area
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(A) If a municipality by ordinance approves a redevelopment plan pursuant to SECTION 31-6-80, the auditor of the county in which the municipality is situated, immediately after adoption of the ordinance pursuant to SECTION 31-6-80, must, upon request of the municipality, determin…
S.C. Code Ann. § 31-6-110 Disposition of revenues from municipal property within project area; deposit of revenues from sale of property acquired with proceeds of obligations
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Revenues received by the municipality from any property, building, or facility owned by the municipality or any agency or authority established by the municipality in the redevelopment project area may be used to pay redevelopment project costs or reduce outstanding obligations o…
S.C. Code Ann. § 31-6-120 Project located within more than one municipality
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If the redevelopment project area is located within more than one municipality, the municipalities may jointly adopt a redevelopment plan and authorize obligations as provided under the provisions of this chapter.
