Current Status Introducing Body:House Bill Number:3035 Primary Sponsor:Vaughn Committee Number:30 Type of Legislation:GB Subject:Political subdivision, millage reduction, usage Residing Body:House Current Committee:Ways and Means Computer Document Number:3035 Introduced Date:Jan 08, 1991 Last History Body:House Last History Date:Jan 08, 1991 Last History Type:Introduced and read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Vaughn Type of Legislation:General Bill
Bill Body Date Action Description CMN
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3035 House Jan 08, 1991 Introduced and read first 30
time, referred to Committee
3035 House Dec 12, 1990 Prefiled, referred to 30
Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-43-285 SO AS TO PROVIDE THAT IF IN ANY YEAR OF EQUALIZATION AND REASSESSMENT THE MILLAGE AUTHORIZED TO BE LEVIED FOR THE BENEFIT OF A POLITICAL SUBDIVISION OF THIS STATE IS REDUCED PURSUANT TO LAW, THE REDUCED MILLAGE MUST BE USED IN ALL FUTURE CALCULATIONS FOR PURPOSES OF DETERMINING THE MILLAGE ALLOWED TO BE IMPOSED FOR THE BENEFIT OF THE SUBDIVISION IF THE GOVERNING BODY WHICH DETERMINES THE MILLAGE TO BE LEVIED ON BEHALF OF THE SUBDIVISION DOES NOT HAVE UNLIMITED FISCAL AUTONOMY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 12-43-285. If in any year of equalization and reassessment the millage authorized to be levied for the benefit of a political subdivision of this State is reduced pursuant to the provisions of Section 12-43-280 or any other provision of this article, the reduced millage must be used in all future calculations for purposes of determining the millage allowed to be imposed for the benefit of the subdivision if the governing body which determines the millage to be levied on behalf of the subdivision does not have unlimited fiscal autonomy."
SECTION 2. This act takes effect upon approval by the Governor.