Current Status Introducing Body:House Bill Number:5036 SP: Gonzales Committee Number:06 Type of Legislation:CR Subject:Retroactive taxes Residing Body:Senate Current Committee:Finance Computer Document Number:CYY/15963AC.94 Introduced Date:19940406 Last History Body:Senate Last History Date:19940512 Last History Type:Introduced, referred to Committee Scope of Legislation:Statewide All Sponsors:Gonzales Cromer A. Young Hallman Harwell Quinn R. Young Holt Fulmer Richardson Harrison McKay Wright G. Bailey Kelley Koon Stille Witherspoon Corning Barber Thomas McCraw Riser McTeer R. Smith Lanford Fair Kirsh G. Brown Vaughn Robinson Haskins Gamble Jaskwhich Wells Meacham Baker Trotter Moody-Lawrence Littlejohn Allison Farr Stoddard Davenport Stuart Stone Spearman Wofford Neilson Clyborne Harrelson Type of Legislation:Concurrent Resolution
Bill Body Date Action Description CMN Leg Involved ---- ------ ------------ ------------------------------ --- ------------ 5036 Senate 19940512 Introduced, referred to 06 Committee 5036 House 19940510 Adopted, sent to Senate 5036 House 19940413 Committee Report: Favorable 24 5036 House 19940406 Introduced, referred to 24 CommitteeView additional legislative information at the LPITS web site.
COMMITTEE REPORT
April 13, 1994
H. 5036
Introduced by REPS. Gonzales, Cromer, A. Young, Hallman, Harwell, Quinn, R. Young, Holt, Fulmer, Richardson, Harrison, McKay, Wright, G. Bailey, Kelley, Koon, Stille, Witherspoon, Corning, Barber, Thomas, McCraw, Riser, McTeer, R. Smith, Lanford, Fair, Kirsh, G. Brown, Vaughn, Robinson, Haskins, Gamble, Jaskwhich, Wells, Meacham, Baker, Trotter, Moody-Lawrence, Littlejohn, Allison, Farr, Stoddard, Davenport, Stuart, Stone, Spearman, Wofford, Neilson, Clyborne and Harrelson
S. Printed 4/13/94--H.
Read the first time April 6, 1994.
To whom was referred a Concurrent Resolution (H. 5036), to urge the Congress of the United States to propose an amendment to the United States Constitution to prohibit the imposition, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
DEWITT WILLIAMS, for Committee.
TO URGE THE CONGRESS OF THE UNITED STATES TO PROPOSE AN AMENDMENT TO THE UNITED STATES CONSTITUTION TO PROHIBIT THE IMPOSITION OF RETROACTIVE TAXES.
Whereas, retroactive taxation is unfair to all taxpayers as it imposes tax consequences on previous transactions which cannot be altered and it unfairly burdens individuals by removing their ability to anticipate their tax liabilities and plan financially; and
Whereas, the imposition of retroactive taxes impairs the ability of employees and their employers both private and public to withhold sufficient funds to meet their tax obligations and creates an undue hardship on all elements of the national economy. Now, therefore,
Be it resolved by the House of Representatives, the Senate concurring:
That the members of the General Assembly of the State of South Carolina, by this resolution, hereby urge the Congress of the United States to propose an amendment to the United States Constitution to prohibit the imposition of retroactive taxes.
Be it further resolved that a copy of this resolution be forwarded to the Secretary of the United States Senate, the Clerk of the United States House of Representatives, and each member of the South Carolina Congressional Delegation.