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Session 117 - (2007-2008)Printer Friendly
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H*3812 (Rat #0416, Act #0410 of 2008) General Bill, By G.M. Smith, Weeks and Ceips
Summary: Property tax millage
    AN ACT TO AMEND SECTION 6-1-320, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIMIT ON PROPERTY TAX MILLAGE INCREASES, SO AS TO PROVIDE FOR A MILLAGE RATE LIMITATION TO PURCHASE RESIDENTIAL DEVELOPMENT RIGHTS IN UNDEVELOPED PROPERTY NEAR MILITARY INSTALLATIONS TO PREVENT ADDITIONAL RESIDENTIAL DEVELOPMENT NEAR THOSE MILITARY INSTALLATIONS, REQUIRE AN ORDINANCE AUTHORIZING THE PURCHASE AND ESTABLISH CERTAIN REQUIREMENTS IN THE ORDINANCE, REQUIRE A MILLAGE INCREASE TO REASONABLY RELATE TO THE PURCHASE PRICE AND BE RESCINDED IN FIVE YEARS AFTER A CERTAIN TIME, PROHIBIT REINSTATEMENT OF THE MILLAGE RATE WITHOUT APPROVAL OF A MAJORITY OF THE QUALIFIED VOTERS OF THE GOVERNMENTAL ENTITY AND PROVIDE FOR PAYING FOR THE REFERENDUM; TO PROVIDE FOR A LIMIT ON PROPERTY TAX MILLAGE RATE LIMITATION FOR THE PURCHASE OF CAPITAL EQUIPMENT, DEFINE "CAPITAL EQUIPMENT", AND PROVIDE FOR MAKING EXPENDITURES RELATED TO THE INSTALLATION, OPERATION, AND PURCHASE OF CAPITAL EQUIPMENT IN A COUNTY HAVING A POPULATION OF LESS THAN ONE HUNDRED THOUSAND PERSONS AND HAS AT LEAST FORTY THOUSAND ACRES OF STATE FOREST LAND. - ratified title
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03/29/07House Introduced and read first time HJ-15
03/29/07House Referred to Committee on Ways and Means HJ-16
04/25/07House Recalled from Committee on Ways and Means HJ-36
05/01/07House Read second time HJ-20
05/02/07House Read third time and sent to Senate HJ-19
05/02/07Senate Introduced and read first time SJ-9
05/02/07Senate Referred to Committee on Finance SJ-9
05/30/07Senate Committee report: Favorable Finance SJ-12
05/31/07Senate Read second time SJ-24
06/04/08Senate Amended SJ-158
06/04/08Senate Read third time and returned to House with amendments SJ-158
06/05/08House Concurred in Senate amendment and enrolled HJ-89
06/05/08 Scrivener's error corrected
06/10/08 Ratified R 416
06/16/08 Vetoed by Governor
06/25/08House Veto overridden by originating body Yeas-110 Nays-0
06/25/08Senate Veto overridden Yeas-43 Nays-0
08/12/08 Copies available
08/12/08 Effective date 06/25/08
08/12/08 Act No. 410



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