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Current Status Bill Number:View additional legislative information at the LPITS web site.4741 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:20000307 Primary Sponsor:Miller All Sponsors:Miller Drafted Document Number:l:\council\bills\pt\1916htc00.doc Companion Bill Number:1232 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Preservation of Schools Tax Base Act, Businesses, Property, Taxation, multicounty industrial park; Political Subdivision History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ ------ 20000309 Companion Bill No. 1232 House 20000307 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill
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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