S 0016 General Bill, By Wilson, Courson, Passailaigue, Russell, Ryberg and 
Thomas
 A Bill to amend Section 2-7-71, Code of Laws of South Carolina, 1976, relating
 to the requirement for a fiscal impact statement on a state tax bill reported
 out of a standing committee of the General Assembly, so as to extend the
 requirement to a bill relating to taxes for all political subdivisions of the
 State.

   01/12/93  Senate Introduced and read first time SJ-31
   01/12/93  Senate Referred to Committee on Finance SJ-31
   02/17/93  Senate Committee report: Favorable with amendment Finance SJ-9
   02/23/93  Senate Amended SJ-17
   02/23/93  Senate Read second time SJ-18
   02/23/93  Senate Ordered to third reading with notice of
                     amendments SJ-18
   02/24/93  Senate Read third time and sent to House SJ-16
   02/25/93  House  Introduced and read first time HJ-5
   02/25/93  House  Referred to Committee on Ways and Means HJ-5

COMMITTEE AMENDMENT ADOPTED

February 23, 1993

S. 16

Introduced by SENATORS Wilson, Thomas, Ryberg, Courson, Russell and Passailaigue

S. Printed 2/23/93--S.

Read the first time January 12, 1993.

A BILL

TO AMEND SECTION 2-7-71, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REQUIREMENT FOR A FISCAL IMPACT STATEMENT ON A STATE TAX BILL REPORTED OUT OF A STANDING COMMITTEE OF THE GENERAL ASSEMBLY, SO AS TO EXTEND THE REQUIREMENT TO A BILL RELATING TO TAXES FOR ALL POLITICAL SUBDIVISIONS OF THE STATE.

Amend Title To Conform

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 2-7-76 of the 1976 Code, as added by Act 171 of 1991, is amended to read:

"Section 2-7-76. Whenever a bill or resolution requires a county or municipality to expend funds allocated to the county or municipality from Aid to Subdivisions in the State General Appropriations Act, or whenever a bill or resolution is introduced in the General Assembly to require the expenditure of funds by a county or municipality, or whenever a bill or resolution requires the use of county or municipal personnel, facilities, or equipment to implement a general law or regulations promulgated pursuant to a general law, or whenever a bill relates to taxes imposed by political subdivisions, the chairman of the legislative committee to which the bill or resolution was referred shall direct the Budget Division or the Tax Commission, as appropriate, to prepare and affix to it a statement of the estimated fiscal or revenue impact and cost to the counties and municipalities of the proposed legislation prior to the legislation being reported out of that committee. A revised estimated fiscal or revenue impact and cost statement must be prepared at the direction of the presiding officer of the House of Representatives or the Senate by the Budget Division or Tax Commission prior to third reading of the bill or resolution, if there is a significant amendment to the bill or resolution. For purposes of this section, political subdivision means a county, municipality, school district, special purpose district, public service district, or consolidated political subdivision."

SECTION 2. This act takes effect upon approval by the Governor.