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3963Ratification Number: 206Act Number: 206Type of Legislation: General Bill GBIntroducing Body: HouseIntroduced Date: 19990421Primary Sponsor: QuinnAll Sponsors: QuinnDrafted Document Number: l:\council\bills\nbd\11304htc99.docDate Bill Passed both Bodies: 19990623Date of Last Amendment: 19990623Governor's Action: SDate of Governor's Action: 19990630Subject: Property taxes, assessments, Richland, Lexington County, School Districts; Tax equalization and reassessment, millageHistory Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ ------ 19990819 Act No. A206 ------ 19990630 Signed by Governor ------ 19990624 Ratified R206 House 19990623 Ordered enrolled for ratification House 19990623 Free Conference Committee Report 99 HFCC adopted House 19990623 Free Conference Powers granted, 99 HFCC Quinn appointed Reps. to Committee of Robinson Free Conference Limehouse Senate 19990623 Free Conference Committee Report 89 SFCC adopted Senate 19990623 Free Conference Powers granted, 89 SFCC Courson appointed Senators to Committee Alexander of Free Conference Rankin House 19990622 Conference powers granted, 98 HCC Quinn appointed Reps. to Committee of Robinson Conference Limehouse Senate 19990622 Conference powers granted, 88 SCC Alexander appointed Senators to Committee Rankin of Conference Courson Senate 19990622 Insists upon amendment House 19990622 Non-concurrence in Senate amendment House 19990622 Debate adjourned on Senate amendment Senate 19990603 Amended, read third time, returned to House with amendment Senate 19990603 Reconsidered vote whereby read third time Senate 19990603 Read third time, returned to House with amendment Senate 19990602 Read second time, unanimous consent for third reading on Thursday, 19990603 Senate 19990602 Amended Senate 19990519 Recalled from Committee, 06 SF placed on the Calendar Senate 19990513 Introduced, read first time, 06 SF referred to Committee House 19990513 Read third time, sent to Senate House 19990512 Amended, read second time House 19990506 Recalled from Committee 30 HWM House 19990421 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill Revised on May 6, 1999 - Word format Revised on May 12, 1999 - Word format Revised on May 19, 1999 - Word format Revised on June 2, 1999 - Word format Revised on June 3, 1999 - Word format Revised on June 23, 1999 - Word format
(A206, R206, H3963)
AN ACT TO PROVIDE FOR AN EQUIVALENT MILLAGE CALCULATION TO BE USED TO COMPUTE AD VALOREM PROPERTY TAXES IN TAXING DISTRICTS LOCATED IN RICHLAND-LEXINGTON SCHOOL DISTRICT 5 IN WHICH PROPERTY TAX EQUALIZATION AND REASSESSMENT IS OCCURRING, AND TO PROVIDE FOR THE MANNER IN WHICH THE EQUIVALENT MILLAGE SHALL BE CALCULATED IN THESE TAXING DISTRICTS FOR PURPOSES OF THE TRUST FUND FOR TAX RELIEF.
Be it enacted by the General Assembly of the State of South Carolina:
Equivalent millage, Richland-Lexington School District 5
SECTION 1. Notwithstanding any other provision of law, if a property tax equalization and reassessment is occurring for a particular year in taxing districts located in one county of Richland-Lexington School District 5 but not in taxing districts of the other county, then the school board of trustees shall set an equivalent millage to be used to compute the ad valorem property taxes in the taxing districts of reassessment until a reassessment occurs in the taxing districts of the other county. The equivalent millage to be set by the school board of trustees shall be determined by methodology established by the respective county auditors which shall be consistent with the methodology used to calculate equivalent millage pursuant to Section 12-37-251 of the 1976 Code.
The purpose of this section is to equalize the tax burdens within this school district. In computing equivalent millage for purposes of the Trust Fund for Tax Relief regarding Richland-Lexington School District 5, the equivalent millage calculation shall also be made on a taxing district basis rather than on a school district basis.
SECTION 2. This act takes effect upon approval by the Governor.
Ratified the 24th day of June, 1999.
Approved the 30th day of June, 1999.
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