{"data":{"id":"us-sc/s.c.-code-ann.-11-51-80","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-51-80","heading":"Information provided to Joint Bond Review Committee and State Budget and Control Board prior to issuance of general obligation debt.","body":"Before the issuance of general obligation debt, the Research Centers of Excellence Review Board shall provide the Joint Bond Review Committee and the state board the following:\n(1) a description of each research infrastructure project for which general obligation debt is requested to be issued;\n(2) a certification by the Research Centers of Excellence Review Board that the provisions of Section 11-51-70 have been met, that the source of funding has been identified, and that each research infrastructure project complies with the provisions of this chapter;\n(3) the total cost of each research infrastructure project and the principal amount of general obligation debt requested to be issued;\n(4) a tentative time schedule setting forth the period of time during which the proceeds of the general obligation debt requested to be issued will be expended;\n(5) a debt service schedule showing the annual principal and interest requirements, at a projected current rate of interest, on the requested general obligation debt;\n(6) the total amount of the general obligation debt issued pursuant to this chapter; and\n(7) a debt service schedule showing the principal and interest requirements for the general obligation debt outstanding and the proposed general obligation debt at a projected current rate of interest.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 51 South Carolina Research University Infrastructure Act"],"source_url":"https://www.scstatehouse.gov/code/t11c051.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:33:59Z","sha256":"8490a82f6d9e51d347b9e6512ba31d001a8a7840c2044b46c3c40c90b851a3bb","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-51-70","next":"us-sc/s.c.-code-ann.-11-51-90"},"notice":"GroundRules: Original legal text. Not legal advice."}