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Session 116 - (2005-2006)Printer Friendly
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H 3703 General Bill, By Vaughn, Loftis, Haskins, Davenport, Altman, Bailey, Bales, R.L. Brown, Cato, Ceips, Cooper, Herbkersman, Littlejohn, Rhoad, Rice, Walker, Leach and Bowers
Similar (H 3302)
Summary: Rollback property tax millage rate
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-43-275, SO AS TO REPLACE CALCULATION AND IMPOSITION OF A ROLLBACK PROPERTY TAX MILLAGE RATE FOR REASSESSMENT YEARS WITH A REASSESSMENT YEAR MILLAGE RATE CALCULATED TO PRODUCE NO MORE THAN ONE PERCENT ADDITIONAL PROPERTY TAX REVENUE THAN SUCH REVENUE IN THE PRECEDING YEAR; TO AMEND SECTION 6-1-320, AS AMENDED, RELATING TO MILLAGE RATE LIMITATIONS ON LOCAL GOVERNING BODIES, SO AS TO DELETE AUTHORIZATION FOR MILLAGE RATE INCREASES EQUAL TO INCREASES IN THE CONSUMER PRICE INDEX WITHOUT A POSITIVE MAJORITY VOTE OF THE GOVERNING BODY; AND TO AMEND SECTION 12-37-251, AS AMENDED, RELATING TO THE RESIDENTIAL PROPERTY TAX EXEMPTION FROM SCHOOL OPERATING MILLAGE AND CALCULATION OF THE ROLLBACK TAX SO AS TO DELETE THE ROLLBACK TAX PROVISIONS MADE OBSOLETE BY THE PROVISIONS OF THIS ACT.
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Similar (H 3302)
Summary: Rollback property tax millage rate
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-43-275, SO AS TO REPLACE CALCULATION AND IMPOSITION OF A ROLLBACK PROPERTY TAX MILLAGE RATE FOR REASSESSMENT YEARS WITH A REASSESSMENT YEAR MILLAGE RATE CALCULATED TO PRODUCE NO MORE THAN ONE PERCENT ADDITIONAL PROPERTY TAX REVENUE THAN SUCH REVENUE IN THE PRECEDING YEAR; TO AMEND SECTION 6-1-320, AS AMENDED, RELATING TO MILLAGE RATE LIMITATIONS ON LOCAL GOVERNING BODIES, SO AS TO DELETE AUTHORIZATION FOR MILLAGE RATE INCREASES EQUAL TO INCREASES IN THE CONSUMER PRICE INDEX WITHOUT A POSITIVE MAJORITY VOTE OF THE GOVERNING BODY; AND TO AMEND SECTION 12-37-251, AS AMENDED, RELATING TO THE RESIDENTIAL PROPERTY TAX EXEMPTION FROM SCHOOL OPERATING MILLAGE AND CALCULATION OF THE ROLLBACK TAX SO AS TO DELETE THE ROLLBACK TAX PROVISIONS MADE OBSOLETE BY THE PROVISIONS OF THIS ACT.
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| 03/03/05 | House | Introduced and read first time HJ-19 |
| 03/03/05 | House | Referred to Committee on Ways and Means HJ-19 |
| 05/11/05 | House | Committee report: Favorable with amendment Ways and Means HJ-16 |
| 05/12/05 | Scrivener's error corrected | |
| 05/17/05 | House | Member(s) request name added as sponsor: Leach |
| 05/18/05 | House | Debate adjourned until Thursday, May 19, 2005 HJ-66 |
| 05/19/05 | House | Amended HJ-41 |
| 05/19/05 | House | Requests for debate-Rep(s). Skelton, Perry, Lucas, Hiott, Vaughn, Owens, Harrell, Moody-Lawrence, GR Smith, Hamilton, Littlejohn, JE Smith, Hosey, Emory, Herbkersman, Pinson, Jefferson, Miller, Anderson, and Whipper HJ-43 |
| 05/31/05 | House | Member(s) request name added as sponsor: Bowers |
| 05/31/05 | House | Read second time HJ-128 |
| 05/31/05 | House | Roll call Yeas-57 Nays-45 HJ-131 |
| 06/01/05 | House | Read third time and sent to Senate HJ-82 |
| 06/02/05 | Senate | Introduced and read first time SJ-16 |
| 06/02/05 | Senate | Referred to Committee on Finance SJ-16 |