Current Status Bill Number:13 Type of Legislation:General Bill GB Introducing Body:Senate Introduced Date:19970114 Primary Sponsor:Wilson All Sponsors:Wilson and Giese Drafted Document Number:bbm\9028htc.97 Residing Body:Senate Current Committee:Finance Committee 06 SF Subject:Gasoline tax revenues, apportionment of C construction funds to county; Fuel, Highways and Streets
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
Senate 19970114 Introduced, read first time, 06 SF
referred to Committee
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TO AMEND SECTION 12-28-2740, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO "C" CONSTRUCTION FUNDS, SO AS TO REVISE THE FORMULA FOR DETERMINING THE APPORTIONMENT OF FUNDS TO COUNTIES BY ELIMINATING CONSIDERATION OF THE LAND AREA OF A COUNTY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-28-2740(A) of the 1976 Code, as added by Act 136 of 1995, is amended to read:
"(A) The proceeds from two and sixty-six one-hundredths cents a gallon of the tax on gasoline only as levied and provided for in this chapter must be deposited with the State Treasurer and expended for purposes set forth in this section. The monies must be apportioned among the counties of the State in the following manner:
(1) one-third in the ratio which the land area of the county bears to the total land area of the State;
(2) one-third one-half in the ratio which the population of the county bears to the total population of the State as shown by the latest official decennial census; and
(3)(2) one-third one-half in the ratio which the mileage of all rural roads in the county bears to the total rural road mileage in the State as shown by the latest official records of the Department of Transportation. The Department of Revenue shall collect the information required pursuant to Section 12-28-2510 regarding the number of gallons sold in each county for use in making allocations of donor funds as provided in subsection (H). The Department of Revenue shall submit the percentage of the total represented by each county to the Department of Transportation and to each county transportation committee annually by March thirty-first. Upon request of a county transportation committee, the Department of Transportation shall continue to administer the funds allocated to the county.
All interest earnings on the County Transportation Fund in the State Treasury must be credited to the State Highway Fund."
SECTION 2. This act takes effect July 1, 1997.