Current Status Introducing Body:House Bill Number:3791 Primary Sponsor:Boan Committee Number:30 Type of Legislation:GB Subject:Boats, property tax payments on Residing Body:House Current Committee:Ways and Means Computer Document Number:JIC/5511.HC Introduced Date:Apr 09, 1991 Last History Body:House Last History Date:Apr 09, 1991 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Boan Type of Legislation:General Bill
Bill Body Date Action Description CMN
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3791 House Apr 09, 1991 Introduced, read first time, 30
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-49-35 SO AS TO PROVIDE THAT THE LIEN SECURING THE PAYMENT OF PERSONAL PROPERTY TAXES ON BOATS NOT USED FOR BUSINESS PURPOSES IS NOT ENFORCEABLE AGAINST THE BOAT OWNED BY A SUBSEQUENT PURCHASER FOR FAIR MARKET VALUE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 49, Title 12 of the 1976 Code is amended by adding:
"Section 12-49-35. The lien established by this article to secure the payment of personal property taxes on a boat not used for business purposes is not enforceable against the boat owned by a subsequent purchaser who paid a fair market price for the boat."
SECTION 2. This act takes effect upon approval by the Governor.