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S. 1161
STATUS INFORMATION
General Bill
Sponsors: Senator Rose
Document Path: l:\s-jud\bills\rose\jud0040.pb.docx
Companion/Similar bill(s): 1144
Introduced in the Senate on February 10, 2010
Currently residing in the Senate Committee on Finance
Summary: Taxation Realignment Commission
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 2/10/2010 Senate Introduced and read first time SJ-4 2/10/2010 Senate Referred to Committee on Finance SJ-4
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO PROVIDE THAT, NOTWITHSTANDING ANY LIMITATION IMPOSED BY ACT 81 OF 2009, THE TAX REALIGNMENT COMMISSION SHALL CONSIDER ALL ASPECTS OF THE ASSESSMENT OF LOCAL TAXES LEVIED AND OTHER PROVISIONS AFFECTING LOCAL REVENUE TO FUND THE OPERATION AND RESPONSIBILITIES OF LOCAL GOVERNMENT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding any limitation imposed by Act 81 of 2009, the Tax Realignment Commission shall consider all aspects of the assessment of local taxes levied and other provisions affecting local revenue to fund the operation and responsibilities of local government. For purposes of this section "local taxes" are defined as local levies related to ad valorem taxation, including, but not limited to, assessment ratios, classification and valuation of property, assessable transfers of interest, valuation limitation, local millages, and fee in lieu of taxes agreements.
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on February 12, 2010 at 11:38 AM