Current Status Bill Number:
243Type of Legislation: General Bill GBIntroducing Body: SenateIntroduced Date: 19950110Primary Sponsor: LandAll Sponsors: Land, ElliottDrafted Document Number: JIC\5072HTC.95Companion Bill Number: 3152Residing Body: SenateCurrent Committee: Finance Committee 06 SFSubject: Coin-operated devices, fees collected
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19950110 Introduced, read first time, 06 SF referred to Committee Senate 19941031 Prefiled, referred to Committee 06 SFView additional legislative information at the LPITS web site.
TO AMEND SECTION 12-21-2720, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LICENSING FEES ON COIN-OPERATED MACHINES AND DEVICES, SO AS TO PROVIDE THAT THE STATE LICENSING FEES COLLECTED ON A VIDEO GAME WITH A FREE PLAY FEATURE MUST BE REMITTED ANNUALLY TO THE COUNTY IN WHICH THE LICENSED MACHINE IS LOCATED AND USED BY THE GOVERNING BODY OF THE COUNTY TO ROLLBACK COUNTY AD VALOREM TAXES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-21-2720 of the 1976 Code, as last amended by Act 497 of 1994, is further amended by adding at the end:
"(F) The license tax collected by the Department of Revenue and Taxation on a machine licensed to subsection (A)(3) of this section must be remitted annually to the county in which the licensed machine is located. These funds must be used by the governing body of the county to rollback county ad valorem taxes."
SECTION 2. This act takes effect June 1, 1995.