South Carolina General Assembly
110th Session, 1993-1994

Bill 5036


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Introducing Body:               House
Bill Number:                    5036
SP:                             Gonzales
Committee Number:               06
Type of Legislation:            CR
Subject:                        Retroactive taxes
Residing Body:                  Senate
Current Committee:              Finance
Computer Document Number:       CYY/15963AC.94
Introduced Date:                19940406
Last History Body:              Senate
Last History Date:              19940512
Last History Type:              Introduced, referred to
                                Committee
Scope of Legislation:           Statewide
All Sponsors:                   Gonzales
                                Cromer
                                A. Young
                                Hallman
                                Harwell
                                Quinn
                                R. Young
                                Holt
                                Fulmer
                                Richardson
                                Harrison
                                McKay
                                Wright
                                G. Bailey
                                Kelley
                                Koon
                                Stille
                                Witherspoon
                                Corning
                                Barber
                                Thomas
                                McCraw
                                Riser
                                McTeer
                                R. Smith
                                Lanford
                                Fair
                                Kirsh
                                G. Brown
                                Vaughn
                                Robinson
                                Haskins
                                Gamble
                                Jaskwhich
                                Wells
                                Meacham
                                Baker
                                Trotter
                                Moody-Lawrence
                                Littlejohn
                                Allison
                                Farr
                                Stoddard
                                Davenport
                                Stuart
                                Stone
                                Spearman
                                Wofford
                                Neilson
                                Clyborne
                                Harrelson
Type of Legislation:            Concurrent
                                Resolution



History


Bill  Body    Date          Action Description              CMN  Leg Involved
----  ------  ------------  ------------------------------  ---  ------------
5036  Senate  19940512      Introduced, referred to         06
                            Committee
5036  House   19940510      Adopted, sent to Senate
5036  House   19940413      Committee Report: Favorable     24
5036  House   19940406      Introduced, referred to         24
                            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 REPORT

April 13, 1994

H. 5036

Introduced by REPS. Gonzales, Cromer, A. Young, Hallman, Harwell, Quinn, R. Young, Holt, Fulmer, Richardson, Harrison, McKay, Wright, G. Bailey, Kelley, Koon, Stille, Witherspoon, Corning, Barber, Thomas, McCraw, Riser, McTeer, R. Smith, Lanford, Fair, Kirsh, G. Brown, Vaughn, Robinson, Haskins, Gamble, Jaskwhich, Wells, Meacham, Baker, Trotter, Moody-Lawrence, Littlejohn, Allison, Farr, Stoddard, Davenport, Stuart, Stone, Spearman, Wofford, Neilson, Clyborne and Harrelson

S. Printed 4/13/94--H.

Read the first time April 6, 1994.

THE COMMITTEE ON

INVITATIONS AND MEMORIAL RESOLUTIONS

To whom was referred a Concurrent Resolution (H. 5036), to urge the Congress of the United States to propose an amendment to the United States Constitution to prohibit the imposition, etc., respectfully

REPORT:

That they have duly and carefully considered the same, and recommend that the same do pass:

DEWITT WILLIAMS, for Committee.

A CONCURRENT RESOLUTION

TO URGE THE CONGRESS OF THE UNITED STATES TO PROPOSE AN AMENDMENT TO THE UNITED STATES CONSTITUTION TO PROHIBIT THE IMPOSITION OF RETROACTIVE TAXES.

Whereas, retroactive taxation is unfair to all taxpayers as it imposes tax consequences on previous transactions which cannot be altered and it unfairly burdens individuals by removing their ability to anticipate their tax liabilities and plan financially; and

Whereas, the imposition of retroactive taxes impairs the ability of employees and their employers both private and public to withhold sufficient funds to meet their tax obligations and creates an undue hardship on all elements of the national economy. Now, therefore,

Be it resolved by the House of Representatives, the Senate concurring:

That the members of the General Assembly of the State of South Carolina, by this resolution, hereby urge the Congress of the United States to propose an amendment to the United States Constitution to prohibit the imposition of retroactive taxes.

Be it further resolved that a copy of this resolution be forwarded to the Secretary of the United States Senate, the Clerk of the United States House of Representatives, and each member of the South Carolina Congressional Delegation.

-----XX-----