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Session 110 - (1993-1994)Printer Friendly
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S 0604 General Bill, By Hayes
A Bill to amend Section 12-37-220, as amended, Code of Laws of South Carolina, 1976, relating to property tax exemptions, so as to allow a governing body of a municipality by ordinance to exempt from municipal ad valorem tax for not more than five years property located in the municipality receiving the five-year exemption from county ad valorem taxes as new corporate headquarters, corporate office facilities, distribution facilities, research and development facilities, and additions to such facilities, and to provide that this exemption first is allowed when the State Constitution is amended so as to authorize the exemption.
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A Bill to amend Section 12-37-220, as amended, Code of Laws of South Carolina, 1976, relating to property tax exemptions, so as to allow a governing body of a municipality by ordinance to exempt from municipal ad valorem tax for not more than five years property located in the municipality receiving the five-year exemption from county ad valorem taxes as new corporate headquarters, corporate office facilities, distribution facilities, research and development facilities, and additions to such facilities, and to provide that this exemption first is allowed when the State Constitution is amended so as to authorize the exemption.
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| 03/30/93 | Senate | Introduced and read first time SJ-12 |
| 03/30/93 | Senate | Referred to Committee on Finance SJ-12 |
| 01/19/94 | Senate | Committee report: Favorable Finance SJ-12 |
| 01/20/94 | Senate | Read second time SJ-12 |
| 01/20/94 | Senate | Ordered to third reading with notice of amendments SJ-12 |
| 01/25/94 | Senate | Read third time and sent to House SJ-9 |
| 01/26/94 | House | Introduced and read first time HJ-8 |
| 01/26/94 | House | Referred to Committee on Ways and Means HJ-8 |
| 04/07/94 | House | Committee report: Majority favorable with amend., minority unfavorable Ways and Means HJ-3 |