S 0030 Joint Resolution, By Wilson, Courson, Ryberg, Russell, Reese, Grooms and 
Setzler
 A JOINT RESOLUTION PROPOSING AN AMENDMENT TO ARTICLE X, CONSTITUTION OF SOUTH
 CAROLINA, 1895, RELATING TO FINANCE AND TAXATION, BY ADDING SECTION 1A AND
 AMENDING SECTION 6, SO AS TO PROVIDE THAT PROPERTY TAX MUST BE LEVIED
 SEPARATELY ON ANY CLASSIFICATION OF PERSONAL PROPERTY CREATED TO INCLUDE
 PRIVATE PASSENGER MOTOR VEHICLES AND TO PROVIDE THAT THE MILLAGE RATE IMPOSED
 ON THIS NEW CLASS MAY NOT EXCEED THE RATE IMPOSED FOR 2000 AND TO MAKE A
 CONFORMING AMENDMENT, AND PROPOSING AN AMENDMENT TO ARTICLE X, SECTION 1,
 RELATING TO THE UNIFORM ASSESSMENT OF PROPERTY FOR PURPOSES OF PROPERTY
 TAXATION, SO AS TO CREATE A NEW PROPERTY TAX CLASSIFICATION CONSISTING OF
 PRIVATE PASSENGER MOTOR VEHICLES, AS DEFINED BY LAW, TAXED AS AN ASSESSMENT
 EQUAL TO TEN AND ONE-HALF PERCENT OF THE FAIR MARKET VALUE OF THE PROPERTY.

   11/18/98  Senate Prefiled
   11/18/98  Senate Referred to Committee on Finance
   01/12/99  Senate Introduced and read first time SJ-19
   01/12/99  Senate Referred to Committee on Finance SJ-19

PROPOSING AN AMENDMENT TO ARTICLE X, CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO FINANCE AND TAXATION, BY ADDING SECTION 1A AND AMENDING SECTION 6, SO AS TO PROVIDE THAT PROPERTY TAX MUST BE LEVIED SEPARATELY ON ANY CLASSIFICATION OF PERSONAL PROPERTY CREATED TO INCLUDE PRIVATE PASSENGER MOTOR VEHICLES AND TO PROVIDE THAT THE MILLAGE RATE IMPOSED ON THIS NEW CLASS MAY NOT EXCEED THE RATE IMPOSED FOR 2000 AND TO MAKE A CONFORMING AMENDMENT, AND PROPOSING AN AMENDMENT TO ARTICLE X, SECTION 1, RELATING TO THE UNIFORM ASSESSMENT OF PROPERTY FOR PURPOSES OF PROPERTY TAXATION, SO AS TO CREATE A NEW PROPERTY TAX CLASSIFICATION CONSISTING OF PRIVATE PASSENGER MOTOR VEHICLES, AS DEFINED BY LAW, TAXED AS AN ASSESSMENT EQUAL TO TEN AND ONE-HALF PERCENT OF THE FAIR MARKET VALUE OF THE PROPERTY.

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

SECTION 1. (A) It is proposed that Article X of the Constitution of this State be amended by adding Section 1A to read:

"Section 1A. For motor vehicle property tax years beginning after June, 2001, a classification of personal property created to include private passenger motor vehicles must be the subject of a separate millage rate imposition uniformly applied to property within the class, and this millage rate may not exceed the millage rate imposed for such property for any property tax year beginning in 2000, including amounts levied for that year for bonded indebtedness."

(B) It is proposed that the first paragraph of Article X, Section 6 of the Constitution of this State be amended to read:

"The General Assembly may vest the power of assessing and collecting taxes in all of the political subdivisions of the State. Property tax levies shall be uniform in respect to persons and property within the jurisdiction of the body imposing such taxes; except as otherwise provided in this article; and provided, that on properties located in an area receiving special benefits from the taxes collected, special levies may be permitted by general law applicable to the same type of political subdivision throughout the State, and the General Assembly shall specify the precise condition under which such special levies shall be assessed."

SECTION 2. The proposed amendment must be submitted to the qualified electors at the next general election for representatives. Ballots must be provided at the various voting precincts with the following words printed or written on the ballot:

"Must Article X of the Constitution of this State be amended by adding Section 1A and by amending existing Section 6 so as to provide that property tax millage imposed on a classification of personal property created to include private passenger motor vehicles must be separately imposed at a uniform rate on all property in the class and at a rate that may not exceed the millage rate imposed on such property for any property tax year beginning in 2000?

Those voting in favor of the question shall deposit a ballot with a check or cross mark in the square after the word 'Yes', and those voting against the question shall deposit a ballot with a check for cross mark in the square after the word 'No'."

SECTION 3. It is proposed that Section 1(8), Article X of the Constitution of this State be amended to read:

"(8)(A) Except as provided in subitem (B) of this item, all other personal property shall must be taxed on an assessment equal to ten and one-half percent of the fair market value of such the property.

(B) Personal property consisting of private passenger motor vehicles, as defined by law, must be taxed on an assessment equal to ten and one-half percent of fair market value of the property."

SECTION 4. The proposed amendment must be submitted to the qualified electors at the next general election for representatives. Ballots must be provided at the various voting precincts with the following words printed or written on the ballot:

"Must Section 1(8), Article X of the Constitution of this State, be amended so as to establish a separate class of property for purposes of the property tax consisting of private passenger motor vehicles as defined by law, taxed on an assessment equal to ten and one-half percent of the fair market value of the property?

Those voting in favor of the question shall deposit a ballot with a check or cross mark in the square after the word 'Yes', and those voting against the question shall deposit a ballot with a check for cross mark in the square after the word 'No'."