South Carolina General Assembly
110th Session, 1993-1994

Bill 33


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Introducing Body:               Senate
Bill Number:                    33
Primary Sponsor:                Passailaigue
Committee Number:               25
Type of Legislation:            JR
Subject:                        Tax laws may not result in
                                increase, decrease
Residing Body:                  House
Current Committee:              Judiciary
Computer Document Number:       S.33
Introduced Date:                19930112    
Date of Last Amendment:         19940203
Last History Body:              Senate
Last History Date:              19940209
Last History Type:              Read third time, sent to
                                House
Scope of Legislation:           Statewide
All Sponsors:                   Passailaigue
                                     Rose
Type of Legislation:            Joint
                                Resolution



History


Bill  Body    Date          Action Description              CMN  Leg Involved
____  ______  ____________  ______________________________  ___  ____________

33    House   19940209      Introduced, read first time,    25
                            referred to Committee
33    Senate  19940209      Read third time, sent to House
33    Senate  19940208      Read second time, notice of
                            general amendments
33    Senate  19940203      Committee amendment adopted
33    Senate  19940202      Committee Report: Favorable     06
                            with amendment
33    Senate  19930112      Introduced, read first time,    06
                            referred to Committee

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE AMENDMENT ADOPTED

February 3, 1994

S. 33

Introduced by SENATORS Passailaigue and Rose

S. Printed 2/3/94--S.

Read the first time January 12, 1993.

A JOINT RESOLUTION

PROPOSING AN AMENDMENT TO ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING

TO FINANCE AND TAXATION, BY ADDING AN APPROPRIATELY NUMBERED SECTION SO AS TO PROVIDE THAT LAWS ENACTED TO MAINTAIN CONFORMITY OF THE STATE INCOME TAX WITH THE PROVISIONS OF THE FEDERAL INCOME TAX MAY NOT RESULT IN INCREASES OR DECREASES IN THE STATE INCOME TAX LIABILITY OF SIMILAR REPRESENTATIVE CLASSES OF INDIVIDUAL AND CORPORATE TAXPAYERS.

Amend Title To Conform

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

SECTION 1. It is proposed that Article X of the Constitution of this State be amended by adding an appropriately numbered section to read:

"SECTION ___. If laws enacted to conform the state income tax to provisions of the federal Internal Revenue Code result in a net increase in state income tax revenues due solely to the conforming legislation, the General Assembly shall revise the laws imposing the state income tax so as to eliminate this net increase."

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 relating to finance and taxation be amended by adding an appropriately numbered section so as to provide that, if laws enacted to conform the state income tax to federal income tax laws result in a net increase in state income tax revenue solely due to the conforming legislation, the General Assembly shall revise the laws imposing the state income tax so as to eliminate such an increase?

Yes []

No []

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 or cross mark in the square after the word `No'."

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