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From the Legislature
Amend The South Carolina Code Of Laws By Amending Section 11-27-110, Relating To Lease Purchase Or Financing Agreements Subject To Constitutional Debt Limits, So As To Provide An Expanded Definition Of Financing Agreements; By Amending Section 11-27-40, Relating To The Effect Of The New Article X On Bonds Of Political Subdivisions, So As To Provide That Any Member Of A Local Governing Body Who Knowingly Votes In Favor Of A Proposed Action That Violates Section 14 Of The New Article X Of The Constitution Is Guilty Of Misconduct In Office; And By Amending Section 11-27-50, Relating To The Effect Of The New Article X On Bonds Of School Districts, So As To Provide That Any Member Of A Governing Body Of The State's School Districts Who Votes In Favor Of A Proposed Action That Knowingly Violates Section 15 Of The New Article X Of The Constitution Is Guilty Of Misconduct In Office.