H 3313 General Bill, By Limehouse, Altman, Campsen, Chellis, Dantzler, Gamble, 
Hamilton, Harrell, Hinson, Knotts, Koon, Loftis, Mason, V.T. Mullen, Meacham, 
Seithel, R. Smith, Vaughn, Walker, Whatley, Whipper and Young-Brickell
 A BILL TO AMEND SECTION 12-28-2740, AS AMENDED, CODE OF LAWS OF SOUTH
 CAROLINA, 1976, RELATING TO THE DISTRIBUTION OF "C" FUNDS DERIVED FROM THE TWO
 AND SIXTY-SIX ONE-HUNDREDTHS CENTS A GALLON GASOLINE TAX, SO AS TO DELETE THE
 EXISTING DISTRIBUTION FORMULA AND REQUIRE THESE FUNDS TO BE DISTRIBUTED BASED
 ON THE RATIO THAT RETAIL GASOLINE SALES IN A COUNTY BEAR TO THE TOTAL OF SUCH
 SALES STATEWIDE AND TO CONFORM LANGUAGE OF THE SECTION TO THIS REVISED
 FORMULA.

   01/28/97  House  Introduced and read first time HJ-11
   01/28/97  House  Referred to Committee on Ways and Means HJ-11

TO AMEND SECTION 12-28-2740, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DISTRIBUTION OF "C" FUNDS DERIVED FROM THE TWO AND SIXTY-SIX ONE-HUNDREDTHS CENTS A GALLON GASOLINE TAX, SO AS TO DELETE THE EXISTING DISTRIBUTION FORMULA AND REQUIRE THESE FUNDS TO BE DISTRIBUTED BASED ON THE RATIO THAT RETAIL GASOLINE SALES IN A COUNTY BEAR TO THE TOTAL OF SUCH SALES STATEWIDE AND TO CONFORM LANGUAGE OF THE SECTION TO THIS REVISED FORMULA.

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

SECTION 1. Section 12-28-2740(A) of the 1976 Code, as last amended by Act 145 of 1995, is further amended to read:

"(A) The proceeds from two and sixty-six one-hundredths cents a gallon of the tax on gasoline only as levied and provided for in this chapter must be deposited with the State Treasurer and expended for purposes set forth in this section. The monies must be apportioned among the counties of the State in the following manner:

(1) one-third in the ratio which the land area of the county bears to the total land area of the State;

(2) one-third in the ratio which the population of the county bears to the total population of the State as shown by the latest official decennial census;

(3) one-third in the ratio which the mileage of all rural roads in the county bears to the total rural road mileage in the State as shown by the latest official records of the Department of Transportation ratio that retail sales of gasoline by gallon in the county are of such sales statewide. The Department of Revenue shall collect the information required pursuant to Section 12-28-2510 regarding the number of gallons sold in each county for use in making allocations of donor funds as provided in subsection (H) this section. The Department of Revenue shall submit the percentage of the total represented by each county to the Department of Transportation and to each county transportation committee annually by March thirty-first. Upon request of a county transportation committee, the Department of Transportation shall continue to administer the funds allocated to the county.

All interest earnings on the County Transportation Fund in the State Treasury must be credited to the State Highway Fund."

SECTION 2. This act takes effect July 1, 1997.