Bill 3992

                    Current Status

Bill Number:                       3992
Type of Legislation:               General Bill GB
Introducing Body:                  House
Introduced Date:                   19970410
Primary Sponsor:                   Fleming
All Sponsors:                      Fleming, Loftis, Rodgers,
                                   Mullen, Altman, H. Brown, Whipper,
                                   Battle, Cobb-Hunter, Neilson,
                                   Barfield, Seithel, R. Smith,
                                   Breeland, Sharpe, Cotty, Lee,
                                   Campsen, Sheheen, Walker, Delleney,
                                   Beck, Miller, Vaughn, Davenport,
                                   Kelley, M. Hines, Trotter,
                                   Witherspoon, Easterday, Wilder,
                                   Littlejohn, McCraw, Kirsh, McLeod,
                                   Keegan, Felder, Stille, Edge,
                                   Knotts, Whatley, Lanford, Limehouse,
                                   Phillips, Pinckney, Mack, J. Smith,
                                   Harrell, Wilkes and Harvin 
Drafted Document Number:           psd\7243ac.97
Companion Bill Number:             1080
Residing Body:                     Senate
Current Committee:                 Finance Committee 06 SF
Subject:                           Motor vehicle property taxes,
                                   high mileage reduction;
                                   Taxation

Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

Senate  19970501  Introduced, read first time,             06 SF
                  referred to Committee
House   19970430  Read third time, sent to Senate
House   19970430  Debate adjourned
House   19970429  Read second time
House   19970429  Reconsidered vote whereby
                  debate was adjourned
House   19970429  Debate adjourned until
                  Wednesday, 19970430
House   19970424  Debate adjourned until
                  Tuesday, 19970429
House   19970424  Debate interrupted
House   19970416  Recalled from Committee                  30 HWM
House   19970410  Introduced, read first time,             30 HWM
                  referred to Committee

RECALLED

April 16, 1997

H. 3992

Introduced by Reps. Fleming, Loftis, Rodgers, Mullen, Altman, H. Brown, Whipper, Battle, Cobb-Hunter, Neilson, Barfield, Seithel, R. Smith, Breeland, Sharpe, Cotty, Lee, Campsen, Sheheen, Walker, Delleney, Beck, Miller, Vaughn, Davenport, Kelley, M. Hines, Trotter, Witherspoon, Easterday, Wilder, Littlejohn, McCraw, Kirsh, McLeod, Keegan, Felder, Stille, Edge, Knotts, Whatley, Lanford, Limehouse, Phillips, Pinckney, Mack, J. Smith, Harrell, Wilkes and Harvin

S. Printed 4/16/97--H.

Read the first time April 10, 1997.

A BILL

TO AMEND SECTION 12-37-2680, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE VALUATION OF MOTOR VEHICLES FOR PURPOSES OF PROPERTY TAX, SO AS TO PROVIDE THAT A VEHICLE WHICH QUALIFIES IN A TAX YEAR FOR A REDUCED VALUE BECAUSE OF HIGH MILEAGE SHALL CONTINUE TO RECEIVE THE HIGH MILEAGE DEDUCTION FOR SUBSEQUENT TAX YEARS WITHOUT A NEW APPLICATION.

SECTION 1. Section 12-37-2680 of the 1976 Code, as last amended by Act 60 of 1995, is further amended by adding a new paragraph at the end to read:

"If a vehicle qualifies for a reduced value attributable to high mileage for a tax year, the vehicle value must continue to be reduced in subsequent tax years without further applications. The auditor shall calculate the value in these years on the basis that the vehicle has continued to accrue mileage at least at the same rate applicable in the first year the vehicle qualified for the deduction."

SECTION 2. This act takes effect July 1, 1997, and first applies for motor vehicles tax years beginning after June 30, 1997.