Current Status Bill Number:3667 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950223 Primary Sponsor:Huff All Sponsors:Huff Drafted Document Number:JIC\5444HTC.95 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Aircraft hangared, tax
Body Date Action Description Com Leg Involved
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House 19950223 Introduced, read first time, 30 HWM
referred to Committee
View additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-37-895 SO AS TO PROVIDE THAT A PRIVATE AIRCRAFT HANGARED IN A JURISDICTION OTHER THAN WHERE THE OWNER RESIDES OR IS SITUATED MAY, AT THE OWNER'S ELECTION, BE TAXED IN THE JURISDICTION WHERE THE AIRCRAFT IS HANGARED AND TO PROVIDE THE METHOD OF MAKING THE ELECTION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 5, Chapter 37, Title 12 of the 1976 Code is amended by adding:
"Section 12-37-895. Aircraft not taxed pursuant to Article 19 of this chapter are subject to property taxes in the jurisdiction where the owner resides or is situated. However, if the aircraft is hangared in some other jurisdiction in this State, the owner may elect to have the aircraft taxed in that jurisdiction. The election is made by filing a written notice with the auditor of the county where the aircraft is hangared and with the auditor of the county where the owner resides or is situated."
SECTION 2. This act takes effect upon approval by the Governor and applies with respect to property tax years beginning after 1995.