Download This Bill in Microsoft Word format

Bill 369

                    Current Status

Bill Number:                      369
Type of Legislation:              General Bill GB
Introducing Body:                 Senate
Introduced Date:                  19990120
Primary Sponsor:                  Martin
All Sponsors:                     Martin, Alexander
Drafted Document Number:          l:\s-res\lam\004habi.whb.doc
Residing Body:                    Senate
Current Committee:                Finance Committee 06 SF
Subject:                          Income tax returns, Habitat for Humanity 
                                  Fund contributions; Property, Taxation


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
Senate  19990120  Introduced, read first time,           06 SF
                  referred to Committee


                             Versions of This Bill

TO AMEND ARTICLE 37, CHAPTER 6, TITLE 12, CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-5085 SO AS TO PROVIDE THAT AN INDIVIDUAL TAXPAYER WHO DESIRES TO CONTRIBUTE TO THE HABITAT FOR HUMANITY FUND MAY DESIGNATE THE CONTRIBUTION ON THE STATE INCOME TAX FORM.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Article 37, Chapter 6, Title 12 of the 1976 Code is amended by adding:

"Section 12-6-5085. (A) Each taxpayer required to file a state individual income tax return may contribute to the Habitat for Humanity Fund by designating the contribution on the return. The contribution may be made by reducing the income tax refund or by remitting additional payment by the amount designated.

(B) All South Carolina individual income tax return forms must contain a designation for the above contribution. The instructions accompanying the income tax form must contain a description of the purposes for which the funds were established and the use of monies from the income tax contribution.

(C) The department shall determine and report annually to the fund the total amount of contributions designated. The department shall transfer the appropriate amount to each fund at the earliest possible time. The incremental cost of administration of the contribution must be paid out of the contributions before any funds are expended as provided in this section."

SECTION 2. This act takes effect upon approval by the Governor and applies to tax years beginning after 1998.

This web page was last updated on Wednesday, December 9, 2009 at 9:05 A.M.