§ 6-25-129

S.C. Code Ann. § 6-25-129

Governmental functions; state tax exemption

Effective Jun 6, 20071999 Act No. 113, Section 2; 2007 Act No. 59, Section 1, eff June 6, 2007.

A joint system is an instrumentality of local government, and is authorized by this chapter exclusively for the performance of governmental functions, and the income of a joint system is exempt from state taxes.

HISTORY: 1999 Act No. 113, Section 2; 2007 Act No. 59, Section 1, eff June 6, 2007.

Effect of Amendment

The 2007 amendment reprinted this section with no apparent change.