H*2070 Session 106 (1985-1986)
H*2070(Rat #0030, Act #0019 of 1985) General Bill, By J.H. Toal, J.F. Anderson,
J.V. Gregory, Sheheen and Wilkins
A Bill to ratify an amendment to Section 3, Article X of the Constitution of
South Carolina, 1895, relating to property exempt from ad valorem taxation, so
as to permit municipal governing bodies to exempt from municipal ad valorem
taxation for not more than five years all new manufacturing establishments
located in any of the municipalities of this State after July 1, 1985, and all
additions to the existing manufacturing establishments, including additional
machinery and equipment, located in any of the municipalities costing fifty
thousand dollars or more made after July 1, 1985, and to provide that the
exemptions from municipal taxation may not result in any refund of taxes.
01/08/85 House Introduced, read first time, placed on calendar
without reference HJ-164
01/09/85 House Objection by Rep. Archibald, Aydlette, Day, Holt,
Rawl & Woods HJ-194
01/09/85 House Debate adjourned HJ-202
01/10/85 House Debate interrupted HJ-269
01/15/85 House Read second time HJ-304
01/16/85 House Read third time and sent to Senate HJ-316
01/17/85 Senate Introduced and read first time SJ-173
01/17/85 Senate Referred to Committee on Judiciary SJ-174
01/23/85 Senate Recalled from Committee on Judiciary SJ-217
01/23/85 Senate Committed to Committee on Finance SJ-217
01/30/85 Senate Committee report: Favorable Finance SJ-274
02/27/85 Senate Read second time SJ-696
02/28/85 Senate Read third time and enrolled SJ-712
03/13/85 Ratified R 30
03/13/85 No signature required
03/13/85 Act No. 19
03/26/85 Copies available
(A19, R30, H2070)
AN ACT TO RATIFY AN AMENDMENT TO SECTION 3, ARTICLE X OF THE CONSTITUTION OF
SOUTH CAROLINA, 1895, RELATING TO PROPERTY EXEMPT FROM AD VALOREM TAXATION, SO
AS TO PERMIT MUNICIPAL GOVERNING BODIES TO EXEMPT FROM MUNICIPAL AD VALOREM
TAXATION FOR NOT MORE THAN FIVE YEARS ALL NEW MANUFACTURING ESTABLISHMENTS
LOCATED IN ANY OF THE MUNICIPALITIES OF THIS STATE AFTER JULY 1, 1985, AND ALL
ADDITIONS TO THE EXISTING MANUFACTURING ESTABLISHMENTS, INCLUDING ADDITIONAL
MACHINERY AND EQUIPMENT, LOCATED IN ANY OF THE MUNICIPALITIES COSTING FIFTY
THOUSAND DOLLARS OR MORE MADE AFTER JULY 1, 1985, AND TO PROVIDE THAT THE
EXEMPTIONS FROM MUNICIPAL TAXATION MAY NOT RESULT IN ANY REFUND OF TAXES.
Be it enacted by the General Assembly of the State of South Carolina:
Constitutional amendment ratified
SECTION 1. The amendment to item (g) of Section 3 of Article X of the
Constitution of South Carolina, 1895, proposed under the terms of Joint
Resolution 519 of 1984, having been submitted to the qualified electors at the
general election of 1984 as prescribed in Section 1 of Article XVI of the
Constitution of South Carolina, 1895, and a favorable vote having been received
thereon, is ratified and declared to be a part of the Constitution, so that item
(g) of Section 3 of Article X is amended to read:
"(g) all new manufacturing establishments located in any of the counties
of this State after July 1, 1977, for five years from the time of establishment
and all additions to the existing manufacturing establishments located in any of
the counties of this State for five years from the time each of these additions
is made if the cost of the addition is fifty thousand dollars or more. The
additions shall include additional machinery and equipment installed in the
plant. The exemptions authorized in this item for manufacturing establishments,
and additions to those manufacturing establishments, do not include exemptions
from school taxes or municipal taxes but include only county taxes. All
manufacturing establishments and all additions to existing manufacturing
establishments exempt under existing statutes are allowed their exemptions
provided for by statute until the exemptions expire. Municipal governing bodies
may by ordinance exempt from municipal ad valorem taxation for not more than five
years all new manufacturing establishments located in any of the municipalities
of this State after July 1, 1985, and all additions to the existing manufacturing
establishments, including additional machinery and equipment, located in any of
the municipalities of this State costing fifty thousand dollars or more made
after July 1, 1985. Exemptions from municipal taxation granted pursuant to this
item may not result in any refund of taxes;". |