South Carolina Legislature


Session 111 - (1995-1996)Printer Friendly
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H 3029 General Bill, By Vaughn, Bailey, Cato, Davenport, McKay and Simrill
    A Bill to amend Sections 4-10-10 and 4-10-50, as amended, Code of Laws of South Carolina, 1976, relating to definitions and use of revenue for purposes of the local sales and use tax, so as to delete the definition of "minimum distribution" and provide that the revenues of the county/municipal revenue fund must be used to provide property tax credits in the first year of implementation and thereafter may by ordinance be used for other purposes subject to a percentage limit; and to repeal Section 4-10-60 relating to redistribution of local sales and use tax revenues among counties and to provide transition provisions.
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12/14/94House Prefiled
12/14/94House Referred to Committee on Ways and Means
01/10/95House Introduced and read first time HJ-14
01/10/95House Referred to Committee on Ways and Means HJ-15
03/14/96House Committee report: Majority favorable with amend., minority unfavorable Ways and Means HJ-7
03/20/96House Continued HJ-47
03/20/96House Roll call Yeas-55 Nays-50 HJ-50

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