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A69, R85, H3482

STATUS INFORMATION

General Bill
Sponsors: Reps. Stavrinakis, Kirby, Pendarvis, J. Moore, Henegan, Wetmore, Weeks, Wheeler and Henderson-Myers
Document Path: l:\council\bills\nbd\11120dg21.docx

Introduced in the House on January 12, 2021
Introduced in the Senate on April 7, 2021
Passed by the General Assembly on May 11, 2021
Governor's Action: May 17, 2021, Signed

Summary: Property tax, installment payments

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/16/2020  House   Prefiled
  12/16/2020  House   Referred to Committee on Ways and Means
   1/12/2021  House   Introduced and read first time (House Journal-page 207)
   1/12/2021  House   Referred to Committee on Ways and Means 
                        (House Journal-page 207)
   1/13/2021  House   Member(s) request name added as sponsor: Pendarvis
   2/25/2021  House   Member(s) request name added as sponsor: J.Moore, Henegan
    3/9/2021  House   Member(s) request name added as sponsor: Wetmore
   3/17/2021  House   Member(s) request name added as sponsor: Weeks
   3/18/2021  House   Committee report: Favorable Ways and Means 
                        (House Journal-page 42)
   3/19/2021          Scrivener's error corrected
    4/6/2021  House   Member(s) request name added as sponsor: Wheeler, 
                        Henderson-Myers
    4/6/2021  House   Read second time (House Journal-page 87)
    4/6/2021  House   Roll call Yeas-110  Nays-0 (House Journal-page 87)
    4/7/2021  House   Read third time and sent to Senate 
                        (House Journal-page 14)
    4/7/2021  Senate  Introduced and read first time (Senate Journal-page 5)
    4/7/2021  Senate  Referred to Committee on Finance (Senate Journal-page 5)
    5/5/2021  Senate  Committee report: Favorable Finance 
                        (Senate Journal-page 9)
    5/6/2021  Senate  Read second time (Senate Journal-page 43)
    5/6/2021  Senate  Roll call Ayes-45  Nays-0 (Senate Journal-page 43)
   5/11/2021  Senate  Read third time and enrolled (Senate Journal-page 14)
   5/13/2021          Ratified R  85
   5/17/2021          Signed By Governor
    6/1/2021          Effective date  05/17/21
    6/1/2021          Act No.  69

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/16/2020
3/18/2021
3/19/2021
5/5/2021

(A69, R85, H3482)

AN ACT TO AMEND SECTION 12-45-75, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSTALLMENT PAYMENTS OF PROPERTY TAX, SO AS TO AUTHORIZE A COUNTY TO ESTABLISH AN ALTERNATIVE PAYMENT SCHEDULE.

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

Property tax installment payment schedule

SECTION    1.    Section 12-45-75(B) of the 1976 Code is amended to read:

"(B)(1)    An installment payment is based on the total property tax due for the previous property tax year, after applying all applicable credits and adjustments reflecting reduced value as determined by the county assessor. An amount equal to sixteen and two-thirds percent of the estimated property tax obligation must be paid to the county treasurer in each of five installments according to the following schedule:

In the case of the following estimates, the due date is on or before:

First                                February 15

Second                            April 15

Third                            June 15

Fourth                            August 15

Fifth                                October 15

The remaining balance is due on or before January fifteenth of the following taxable year in accordance with Section 12-45-70. The treasurer must notify the county auditor of the amount of a property owner's payments received no earlier than October fifteenth and no later than November fifteenth. A notice of the remaining tax due and other authorized charges and information must then be prepared and mailed to the property owner.

(2)    As an alternative to the scheduling provided for in item (1), the authorizing ordinance may provide the treasurer, tax collector, or other official charged with the collection of ad valorem property taxes in a county with the discretion in the scheduling and collection of installment payments from taxpayers as well as in the application process provided for in subsection (A)(2)."

Time effective

SECTION    2.    This act takes effect upon approval by the Governor.

Ratified the 13th day of May, 2021.

Approved the 17th day of May, 2021.

This web page was last updated on June 14, 2021 at 9:19 AM