South Carolina Legislature


Session 111 - (1995-1996)Printer Friendly
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S*0533 (Rat #0109, Act #0069 of 1995) General Bill, By Senate Finance
    A Bill to amend Section 12-37-220, as amended, Code of Laws of South Carolina, 1976, relating to property tax exemptions, so as to allow a governing body of a municipality by ordinance to exempt from municipal ad valorem tax for not more than five years property located in the municipality receiving the five-year exemption from county ad valorem taxes as new corporate headquarters, corporate office facilities, distribution facilities, research and development facilities, and additions to such facilities, and provide the circumstances under which the five-year abatement of county taxes on manufacturing property and corporate headquarters and distribution facilities extends to an unrelated purchaser for value; to amend Section 12-37-930, as amended, relating to the valuation of property for purposes of property tax and depreciation of taxable property, so as to provide that the value of titled motor vehicles must be derived from a national publication of such values with a minimum five percent a year depreciation, and to extend until January 15, 1996, the time for filing for agricultural use value for the 1994 tax year.-amended title
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02/16/95Senate Introduced, read first time, placed on calendar without reference SJ-5
02/21/95Senate Read second time SJ-15
02/21/95Senate Unanimous consent for third reading on next legislative day SJ-15
02/22/95Senate Read third time and sent to House SJ-16
02/23/95House Introduced and read first time HJ-12
02/23/95House Referred to Committee on Ways and Means HJ-13
04/20/95House Committee report: Favorable Ways and Means HJ-2
04/26/95House Amended HJ-64
04/26/95House Debate adjourned until Tuesday, May 2, 1995 HJ-65
05/02/95House Debate adjourned until Wednesday, May 3, 1995 HJ-16
05/03/95House Objection by Rep. Sheheen, Cave, Kirsh, White & Cobb-Hunter HJ-58
05/17/95House Objection withdrawn by Rep. Kirsh HJ-22
05/17/95House Amended HJ-23
05/17/95House Debate interrupted HJ-23
05/17/95House Read second time HJ-40
05/18/95House Read third time and returned to Senate with amendments HJ-51
05/18/95Senate Concurred in House amendment and enrolled SJ-45
05/23/95Senate Recalled from Legislative Council SJ-120
05/23/95Senate Reconsidered SJ-120
05/23/95Senate House amendment amended SJ-120
05/23/95Senate Returned to House with amendments SJ-120
05/24/95House Concurred in Senate amendment and enrolled HJ-2
06/06/95 Ratified R 109
06/12/95 Signed By Governor
06/12/95 Effective date -this Act takes effect on the ratification of a constitutional amendment authorizing exemption allowed by this Act
08/11/95 Copies available
08/11/95 Act No. 69

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