South Carolina General Assembly
110th Session, 1993-1994

Bill 4376


                    Current Status
Introducing Body:               House
Bill Number:                    4376
Ratification Number:            587
Act Number:                     490
Primary Sponsor:                Kirsh
Type of Legislation:            GB
Subject:                        Property tax assessments
Date Bill Passed both Bodies:   19940525
Computer Document Number:       JIC/5195HC.94
Governor's Action:              S
Date of Governor's Action:      19940714
Introduced Date:                19940111
Last History Body:              ------
Last History Date:              19940714
Last History Type:              Act No. 490
Scope of Legislation:           Statewide
All Sponsors:                   Kirsh
                                Rudnick
Type of Legislation:            General Bill

History

Bill   Body    Date          Action Description              CMN  Leg Involved
----   ------  ------------  ------------------------------  ---  ------------
4376   ------  19940714      Act No. 490
4376   ------  19940714      Signed by Governor
4376   ------  19940602      Ratified R 587
4376   Senate  19940525      Read third time, enrolled for
                             ratification
4376   Senate  19940524      Read second time
4376   Senate  19940519      Recalled from Committee,        06
                             placed on Calendar
4376   Senate  19940427      Introduced, read first time,    06
                             referred to Committee
4376   House   19940426      Read third time, sent to
                             Senate
4376   House   19940421      Read second time
4376   House   19940406      Committee Report: Favorable     30
4376   House   19940111      Introduced, read first time,    30
                             referred to Committee
4376   House   19931215      Prefiled, referred to           30
                             Committee
View additional legislative information at the LPITS web site.


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

(A490, R587, H4376)

AN ACT TO AMEND SECTION 12-39-180, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DUTIES OF THE COUNTY AUDITOR IN LEVYING PROPERTY TAXES, SO AS TO PROVIDE THAT THE MINIMUM ASSESSMENT OF TWENTY DOLLARS ON ALL TAXABLE PROPERTY APPLIES ONLY WITH RESPECT TO PERSONAL PROPERTY WHERE NO HIGHER MINIMUM ASSESSMENT IS IMPOSED.

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

Personal property assessed value

SECTION 1. Section 12-39-180 of the 1976 Code, as last amended by Act 181 of 1993, is further amended to read:

"Section 12-39-180. Each county auditor, after receiving from the Comptroller General and from such other officers and authorities as are legally empowered to determine the rate or amount of taxes to be levied for the various purposes authorized by law statements of the rates and sums to be levied for the current year, shall forthwith proceed to determine the sums to be levied upon each tract and lot of real property and upon the amount of personal property, monies, and credits listed in his county in the name of each person, which must be assessed equally on all real and personal property subject to such taxes and set down in one or more columns in the manner and form as the Comptroller General shall prescribe. The Department of Revenue and Taxation or the county auditor shall place a minimum assessment of at least twenty dollars on all personal property that generates a tax bill, unless a higher minimum assessment is otherwise required by law."

Time effective

SECTION 2. This act applies with respect to taxes due for property tax years beginning after 1993.

Approved the 14th day of July, 1994.