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A45, R103, H3482
Sponsors: Reps. Harrell, Cooper, Mack and Bannister
Document Path: l:\council\bills\bbm\9149htc09.docx
Introduced in the House on February 10, 2009
Introduced in the Senate on April 28, 2009
Last Amended on May 19, 2009
Passed by the General Assembly on May 21, 2009
Governor's Action: June 2, 2009, Signed
Summary: Property tax exemptions
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 2/10/2009 House Introduced and read first time HJ-9 2/10/2009 House Referred to Committee on Ways and Means HJ-9 4/2/2009 House Recalled from Committee on Ways and Means HJ-117 4/21/2009 House Member(s) request name added as sponsor: Bannister 4/22/2009 House Read second time HJ-27 4/23/2009 House Read third time and sent to Senate HJ-237 4/28/2009 Senate Introduced and read first time SJ-8 4/28/2009 Senate Referred to Committee on Finance SJ-8 4/29/2009 Senate Referred to Subcommittee: Hayes (ch), Land, Courson, Matthews, Grooms 5/12/2009 Senate Committee report: Favorable with amendment Finance SJ-9 5/13/2009 Senate Committee Amendment Adopted SJ-52 5/13/2009 Senate Amended SJ-52 5/13/2009 Senate Read second time SJ-52 5/14/2009 Scrivener's error corrected 5/14/2009 Senate Read third time and returned to House with amendments SJ-25 5/19/2009 House Senate amendment amended HJ-52 5/19/2009 House Returned to Senate with amendments HJ-52 5/21/2009 Senate Concurred in House amendment and enrolled SJ-133 5/27/2009 Ratified R 103 6/2/2009 Signed By Governor 6/11/2009 Effective date See Act for Effective Date 6/12/2009 Act No. 45
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VERSIONS OF THIS BILL
(A45, R103, H3482)
AN ACT TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT FROM PROPERTY TAX ALL PERSONAL PROPERTY, INCLUDING AIRCRAFT, OF A COMPANY ENGAGED IN AIR TRANSPORT OF SPECIALIZED CARGO.
Be it enacted by the General Assembly of the State of South Carolina:
Property tax exemption for specialized air cargo company
SECTION 1. Section 12-37-220(B)(33) of the 1976 Code is amended to read:
"(33)(a) All personal property including aircraft of an air carrier which operates an air carrier hub terminal facility in this State for a period of ten consecutive years from the date of qualification, if its qualifications are maintained. An air carrier hub terminal facility is defined in Section 55-11-500.
(b) All aircraft, including associated personal property, owned by a company owning aircraft meeting the requirements of Section 55-11-500(a)(3)(i) without regard to the other requirements of Section 55-11-500. An aircraft qualifying for the exemption allowed by this subitem may not be used by the operator of the aircraft as the basis for an exemption pursuant to subitem (a) of this item."
SECTION 2. If any section, subsection, part, paragraph, subparagraph, sentence, clause, phrase, or word of this act is for any reason held to be unconstitutional or invalid, such holding shall not affect the constitutionality or validity of the remaining portions of this act, the General Assembly hereby declaring that it would have passed this severability, and each and every section, subsection, paragraph, subparagraph, sentence, clause, phrase, and word thereof, irrespective of the fact that any one or more other sections, subsections, paragraphs, subparagraphs, sentences, clauses, phrases, or words hereof may be declared to be unconstitutional, invalid, or otherwise ineffective.
SECTION 3. This act takes effect upon approval by the Governor and applies for property tax years beginning after 2006.
Ratified the 27th day of May, 2009.
Approved the 2nd day of June, 2009.
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