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Bill 3767

                    Current Status

Bill Number:                      3767
Type of Legislation:              General Bill GB
Introducing Body:                 House
Introduced Date:                  19990324
Primary Sponsor:                  Mack
All Sponsors:                     Mack, Harvin, Knotts, Allen, Bowers, 
                                  Breeland, Clyburn, Davenport, Govan, J. Hines, 
                                  Howard, Inabinett, Lloyd, J.H. Neal, Parks, 
                                  Phillips, Pinckney, Robinson, Stille and 
                                  Whipper
Drafted Document Number:          l:\council\bills\dka\3254mm99.doc
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Subject:                          Property tax installment payments, 
                                  counties to allow monthly payments; Political 
                                  Subdivisions, Taxation


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   19990324  Introduced, read first time,           30 HWM
                  referred to Committee


                             Versions of This Bill

TO AMEND SECTION 12-45-75, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSTALLMENT PAYMENTS OF AD VALOREM TAXES ON REAL PROPERTY, SO AS TO REQUIRE A COUNTY TO ALLOW A TAXPAYER ELECTION TO PAY THOSE TAXES IN MONTHLY INSTALLMENTS.

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

SECTION 1. Section 12-45-75(A) of the 1976 Code, as last amended by Section 119D, Part II, Act 145 of 1995, is further amended to read:

"(A)(1) The governing body of a county may by ordinance must allow a taxpayer to elect to pay all his ad valorem taxes on real property located in the county in quarterly monthly installments. No An installment election is not allowed for taxes paid through an escrow account.

(2) The ordinance must county may specify the installment due dates and it may provide for installments due and payable before January fifteenth, but the final installment due date must be January fifteenth. The ordinance county may provide for a service charge of not more than two dollars on installment payments. For purposes of payment and collection, these service charges are deemed property taxes. The ordinance county may not provide penalties for late installments."

SECTION 2. This act takes effect upon approval by the Governor for property tax years beginning after 1998.

This web page was last updated on Wednesday, December 9, 2009 at 9:25 A.M.