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
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 CommitteeView additional legislative information at the LPITS web site.
COMMITTEE AMENDMENT ADOPTED
February 3, 1994
S. 33
S. Printed 2/3/94--S.
Read the first time January 12, 1993.
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?
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'."