H 4950 Joint Resolution, By  House Ways and Means
 A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE DEPARTMENT OF REVENUE,
 RELATING TO THE RESPONSIBILITIES OF THE COMPTROLLER GENERAL AND THE DEPARTMENT
 OF REVENUE WITH RESPECT TO PROPERTY TAXATION AND FEES IN LIEU OF PROPERTY
 TAXES, DESIGNATED AS REGULATION DOCUMENT NUMBER 2474, PURSUANT TO THE
 PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

   04/13/00  House  Introduced, read first time, placed on calendar
                     without reference HJ-54
   04/19/00  House  Debate adjourned HJ-77
   04/19/00  House  Reconsidered HJ-79
   04/19/00  House  Requests for debate-Rep(s). Whatley, Knotts and
                     Bailey HJ-79
   04/19/00  House  Read second time HJ-79
   04/25/00  House  Read third time and sent to Senate HJ-20
   04/26/00  Senate Introduced and read first time SJ-5
   04/26/00  Senate Referred to Committee on Finance SJ-5

April 13, 2000

H. 4950

S. Printed 4/13/00--H.

Read the first time April 13, 2000.

TO APPROVE REGULATIONS OF THE DEPARTMENT OF REVENUE, RELATING TO THE RESPONSIBILITIES OF THE COMPTROLLER GENERAL AND THE DEPARTMENT OF REVENUE WITH RESPECT TO PROPERTY TAXATION AND FEES IN LIEU OF PROPERTY TAXES, DESIGNATED AS REGULATION DOCUMENT NUMBER 2474, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

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

SECTION 1. The regulations of the Department of Revenue, relating to the responsibilities of the Comptroller General and the Department of Revenue with respect to property taxation and fees in lieu of property taxes, designated as Regulation Document Number 2474, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.

SECTION 2. This joint resolution takes effect upon approval by the Governor.

In general, the Department of Revenue has jurisdiction over the duties involved with the proper assessment of property for tax purposes and the proper calculation of property taxes, while the Comptroller General supervises the collection of taxes and penalties and administers the Homestead Tax Exemption Program including the exemption from school operations found in Section 12-37-251, except for those functions specifically reserved to the Department of Revenue.