South Carolina General Assembly
110th Session, 1993-1994

Bill 3910


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Introducing Body:               House
Bill Number:                    3910
Primary Sponsor:                Kirsh
Committee Number:               30
Type of Legislation:            GB
Subject:                        Sales and use tax
                                distributions
Residing Body:                  House
Current Committee:              Ways and Means
Computer Document Number:       NO5/7087HC.93
Introduced Date:                19930413
Last History Body:              House
Last History Date:              19930413
Last History Type:              Introduced, read first time,
                                referred to Committee
Scope of Legislation:           Statewide
All Sponsors:                   Kirsh
Type of Legislation:            General Bill



History


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

3910  House   19930413      Introduced, read first time,    30
                            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.)

A BILL

TO AMEND SECTION 4-10-50, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DISTRIBUTIONS FROM THE LOCAL SALES AND USE TAX COUNTY/MUNICIPAL REVENUE FUND, SO AS TO PROVIDE THAT ALL REVENUE FROM THE FUND MUST BE DISTRIBUTED TO COUNTIES AND MUNICIPALITIES BASED ON POPULATION RATHER THAN IN EQUAL PROPORTIONS BASED ON LOCATION OF SALES AND POPULATION.

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

SECTION 1. Section 4-10-50(A) of the 1976 Code is amended to read:

"(A) The revenue generated in a county area and set aside and allocated to the County/Municipal Revenue Fund must be distributed to the county and the municipalities in the county area as follows:

(1) fifty percent based upon the location of the sale,

(2) fifty percent based on population."

SECTION 2. This act takes effect July 1, 1993.

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