Current Status Introducing Body:House Bill Number:3791 Primary Sponsor:Boan Committee Number:30 Type of Legislation:GB Subject:Boats, property tax payments on Residing Body:House Current Committee:Ways and Means Computer Document Number:JIC/5511.HC Introduced Date:Apr 09, 1991 Last History Body:House Last History Date:Apr 09, 1991 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Boan Type of Legislation:General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 3791 House Apr 09, 1991 Introduced, read first time, 30 referred to CommitteeView additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-49-35 SO AS TO PROVIDE THAT THE LIEN SECURING THE PAYMENT OF PERSONAL PROPERTY TAXES ON BOATS NOT USED FOR BUSINESS PURPOSES IS NOT ENFORCEABLE AGAINST THE BOAT OWNED BY A SUBSEQUENT PURCHASER FOR FAIR MARKET VALUE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 49, Title 12 of the 1976 Code is amended by adding:
"Section 12-49-35. The lien established by this article to secure the payment of personal property taxes on a boat not used for business purposes is not enforceable against the boat owned by a subsequent purchaser who paid a fair market price for the boat."
SECTION 2. This act takes effect upon approval by the Governor.