Current Status Introducing Body:
SenateBill Number: 1323Primary Sponsor: DrummondCommittee Number: 30Type of Legislation: GBSubject: Sales and use tax, imposition dateResiding Body: HouseComputer Document Number: BR1/2176.HCIntroduced Date: Feb 25, 1992Last History Body: HouseLast History Date: Apr 29, 1992Last History Type: Introduced, read first time, referred to CommitteeScope of Legislation: StatewideAll Sponsors: DrummondType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 1323 House Apr 29, 1992 Introduced, read first time, 30 referred to Committee 1323 Senate Apr 28, 1992 Read third time, sent to House 1323 Senate Apr 21, 1992 Read second time 1323 Senate Apr 15, 1992 Committee Report: Favorable 06 1323 Senate Feb 25, 1992 Introduced, read first time, 06 referred to CommitteeView additional legislative information at the LPITS web site.
Indicates Matter Stricken
Indicates New Matter
April 15, 1992
S. Printed 4/15/92--S.
Read the first time February 25, 1992.
To whom was referred a Bill (S. 1323), to amend Section 4-10-90, as amended, Code of Laws of South Carolina, 1976, relating to the administration, collection, and revenue distribution of the local sales and use tax, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
JOHN DRUMMOND, for Committee.
Senate Bill 1323 amends Section 4-10-90, as amended, relating to the administration, collection, and revenue distribution of the local sales and use tax, so as to delay the imposition date from May first to June first following approval and to delete an obsolete provision.
This Bill would have no effect on state revenue. However, local option fund distributions to the seven counties imposing this tax beginning in 1992 would be delayed by one month. This would reduce local revenue in these seven counties by approximately $702,000.
A. Crawford Clarkson, Jr.
S.C. Tax Commission
TO AMEND SECTION 4-10-90, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ADMINISTRATION, COLLECTION, AND REVENUE DISTRIBUTION OF THE LOCAL SALES AND USE TAX, SO AS TO DELAY THE IMPOSITION DATE FROM MAY FIRST TO JUNE FIRST FOLLOWING APPROVAL AND TO DELETE AN OBSOLETE PROVISION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 4-10-90(A) of the 1976 Code, as last amended by Act 168 of 1991, is further amended to read:
"(A) The Tax Commission shall administer and collect the local sales and use tax in the manner that sales and use taxes are administered and collected pursuant to Chapter 35 of Title 12. The commission may prescribe forms and promulgate regulations in conformity with this chapter, including tables prescribing the amount to be added to the sales price. The county shall notify the Tax Commission and the State Treasurer through delivery of a certified copy of a resolution adopted by the county by December thirty-first following the referendum for the tax to be imposed May June first. Failure to deliver the resolution by December thirty-first causes a delay of the imposition until the first day of May June of the next calendar year. Notwithstanding the provisions of this subsection, the local sales and use tax must not be imposed before July first following the first referendum held pursuant to Section 4-10-30."
SECTION 2. This act takes effect upon approval by the Governor.