S 1131 General Bill, By Martin

Similar(H 4377)
 A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
 56-3-905 so as to provide for a partial refund or credit when the owner of a
 motor vehicle so requests upon the surrender of the license plate and
 registration to the Department of Revenue and Taxation in the first twelve
 months of a biennial registration period.

   02/03/94  Senate Introduced and read first time SJ-5
   02/03/94  Senate Referred to Committee on Transportation SJ-5
   02/23/94  Senate Recalled from Committee on Transportation SJ-5
   02/24/94  Senate Amended SJ-31
   02/24/94  Senate Read second time SJ-32
   03/02/94  Senate Read third time and sent to House SJ-20
   03/03/94  House  Introduced and read first time HJ-12
   03/03/94  House  Referred to Committee on Education and Public
                     Works HJ-12

February 24, 1994

S. 1131

S. Printed 2/24/94--S.

Read the first time February 3, 1994.

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 56-3-905 SO AS TO PROVIDE FOR A PARTIAL REFUND OR CREDIT WHEN THE OWNER OF A MOTOR VEHICLE SO REQUESTS UPON THE SURRENDER OF THE LICENSE PLATE AND REGISTRATION TO THE DEPARTMENT OF REVENUE AND TAXATION IN THE FIRST TWELVE MONTHS OF A BIENNIAL REGISTRATION PERIOD.

Amend Title To Conform

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

SECTION 1. Article 5, Chapter 3, Title 56 of the 1976 Code is amended by adding:

"Section 56-3-905. Notwithstanding the provisions of Section 56-3-900, when the owner or lessor of a motor vehicle licensed and registered for a biennium pursuant to Section 56-3-253 surrenders the license plate and registration to the department in the first twelve months of the licensing period, the owner or lessor is eligible to receive a refund equal to one-half the registration fee paid on the vehicle. If the owner is simultaneously registering another vehicle, the refund amount, at the owner's option, may be applied against the registration fee due."

SECTION 2. This act takes effect upon approval by the Governor and applies with respect to biennial motor vehicle registrations issued after August 1, 1993.