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Bill 951

                    Current Status

Bill Number:                      951
Type of Legislation:              General Bill GB
Introducing Body:                 Senate
Introduced Date:                  20020130
Primary Sponsor:                  Thomas
All Sponsors:                     Thomas
Drafted Document Number:          l:\council\bills\dka\4640htc02.doc
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Subject:                          Special millage limitation in certain 
                                  counties implementing 2001 reassessment


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   20020321  Introduced, read first time,           30 HWM
                  referred to Committee
Senate  20020320  Read third time, sent to House
Senate  20020319  Read second time, unanimous consent
                  for third reading on the next
                  Legislative day
Senate  20020319  Recalled from Greenville Delegation    87 SLD
------  20020301  Scrivener's error corrected
Senate  20020212  Committed to Greenville County Delegation        87 SLD
Senate  20020212  Recalled from Committee                06 SF
Senate  20020130  Introduced, read first time,           06 SF
                  referred to Committee


              Versions of This Bill
Revised on March 1, 2002 - Word format
Revised on March 19, 2002 - Word format

RECALLED

March 19, 2002

    S. 951

S. Printed 3/19/02--S.

Read the first time January 30, 2002.

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-1-325 SO AS TO PROVIDE A SPECIAL MILLAGE LIMITATION IN CERTAIN COUNTIES IMPLEMENTING COUNTYWIDE REASSESSMENT IN 2001 AND PROVIDE FOR A MILLAGE REDUCTION WHEN THE LIMIT IS EXCEEDED.

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

SECTION    1.    Article 3, Chapter 1, Title 6 of the 1976 Code is amended by adding:

    "Section 6-1-325.    Notwithstanding the provisions of this article and Section 12-37-251(E), in a county with a population of at least 379,616 as of the 2000 United States Census in which a reassessment program conducted pursuant to Section 12-43-217 was implemented in 2001, the millage that may be imposed by a local governing body is limited to that millage calculated to produce revenue that does not exceed property tax revenue of the local governing body in the preceding tax year by more than one percent. To the extent the millage imposed for the implementation year exceeds this limit, millage imposed by the local governing body for the succeeding tax year must be reduced by an amount sufficient to offset the excess millage."

SECTION    2.    This act takes effect upon approval by the Governor.

This web page was last updated on Tuesday, December 8, 2009 at 11:15 A.M.