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1232Type of Legislation: General Bill GBIntroducing Body: SenateIntroduced Date: 20000309Primary Sponsor: DrummondAll Sponsors: DrummondDrafted Document Number: l:\council\bills\pt\1920htc00.docCompanion Bill Number: 4741Residing Body: SenateSubject: Preservation of Schools Tax Base Act, counties industrial or businesses park; Political Subdivisions, TaxationHistory Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ Senate 20000405 Recalled from Committee, 06 SF placed on the Calendar ------ 20000310 Scrivener's error corrected ------ 20000309 Companion Bill No. 4741 Senate 20000309 Introduced, read first time, 06 SF referred to Committee Versions of This Bill Revised on March 10, 2000 - Word format Revised on April 5, 2000 - Word format
April 5, 2000
S. Printed 4/5/00--S.
Read the first time March 9, 2000.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, ENACTING THE SOUTH CAROLINA PRESERVATION OF SCHOOLS TAX BASE ACT, BY ADDING SECTION 4-1-171 SO AS TO SPECIFY THE PROPERTY WHICH MAY BE LOCATED IN A MULTICOUNTY INDUSTRIAL OR BUSINESS PARK.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The General Assembly of South Carolina finds that the education of this state's children is of the highest priority. The General Assembly further finds that measures must be taken to ensure that a school district's tax base is not eroded by economic development incentives, and that all revenue generated or determined by local school district tax millage must be preserved for use by school districts for school purposes.
SECTION 2. This act may be cited as the South Carolina Preservation of Schools Tax Base Act.
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