SC H5400

Expands eligibility for the Education Capital Improvements Sales and Use Tax to counties that do not meet standard collection requirements, provided the county has exactly two school districts covering the entire county area and imposes no other taxes under this chapter at the time of the referendum

Requires 10% of tax proceeds to provide property tax relief by offsetting existing debt service millage on general obligation bonds

Distributes remaining tax revenue between the two school districts according to proportions agreed upon in the required resolution

Mandates approval by majority vote of each school district's board of trustees before the tax can be imposed

Establishes that once a county qualifies and imposes the tax under these provisions, it remains permanently eligible to continue imposing it