Current Status Introducing Body:Senate Bill Number:298 Primary Sponsor:Waddell Committee Number:06 Type of Legislation:JR Subject:Counties, aid to subdivisions, assessed property Residing Body:Senate Current Committee:Finance Computer Document Number:298 Introduced Date:Jan 08, 1991 Last History Body:Senate Last History Date:Jan 08, 1991 Last History Type:Introduced and read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Waddell Type of Legislation:Joint Resolution
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 298 Senate Jan 08, 1991 Introduced and read first 06 time, referred to Committee 298 Senate Nov 05, 1990 Prefiled, referred to 06 CommitteeView additional legislative information at the LPITS web site.
TO PROVIDE THAT THE AMOUNT APPROPRIATED TO COUNTIES AS AID TO SUBDIVISIONS FOR FISCAL YEAR 1991-92 OVER THE AMOUNT ACTUALLY RECEIVED BY COUNTIES AS AID TO SUBDIVISIONS FOR FISCAL YEAR 1990-91 MUST BE PAID IN EQUAL AMOUNTS ONLY TO THOSE COUNTIES IN WHICH ASSESSED VALUE ATTRIBUTABLE TO MANUFACTURING PROPERTY IS LESS THAN THIRTY PERCENT OF THE ASSESSED VALUE IN THE COUNTY AND MORE THAN SEVENTY-FIVE PERCENT OF THE REAL PROPERTY IN THE COUNTY IS CLASSIFIED AS AGRICULTURAL REAL PROPERTY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. For fiscal year 1991-92 only, the amount appropriated to counties as aid to subdivisions that exceeds the amount actually received by counties as such aid in fiscal year 1990-91 must be distributed equally only to those counties which for the 1991 tax year had less than thirty percent of the assessed value of property in the county attributable to manufacturing property and in which more than seventy-five percent of the real property in the county is classified as agricultural real property.
SECTION 2. This joint resolution takes effect upon approval by the Governor.