South Carolina General Assembly
115th Session, 2003-2004

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S. 299

STATUS INFORMATION

General Bill
Sponsors: Senator Richardson
Document Path: l:\council\bills\dka\3186dw03.doc

Introduced in the Senate on January 30, 2003
Introduced in the House on March 19, 2003
Currently residing in the House Committee on Ways and Means

Summary: Development Impact Fee Act, definitions

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   1/30/2003  Senate  Introduced and read first time SJ-3
   1/30/2003  Senate  Referred to Committee on Finance SJ-3
   3/12/2003  Senate  Committee report: Favorable Finance SJ-12
   3/13/2003  Senate  Read second time SJ-15
   3/18/2003  Senate  Read third time and sent to House SJ-11
   3/19/2003  House   Introduced and read first time HJ-13
   3/19/2003  House   Referred to Committee on Ways and Means HJ-13

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/30/2003
3/12/2003

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE REPORT

March 12, 2003

S. 299

Introduced by Senator Richardson

S. Printed 3/12/03--S.

Read the first time January 30, 2003.

            

THE COMMITTEE ON FINANCE

To whom was referred a Bill (S. 299) to amend Section 6-1-920, Code of Laws of South Carolina, 1976, relating to definitions used in the "South Carolina Development Impact Fee Act", etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HUGH K. LEATHERMAN, SR. for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

REVENUE IMPACT 1/

The Office of Economic Research has reviewed the bill and has determined that there is no impact on state or local general fund revenue in FY 2003-04.

Explanation

This bill makes a definitional change to "public facilities" by adding another sub-item. Specifically, this bill adds public parking garages or related facilities to the definition of "public facilities".

This action in effect allows local governments to spend development impact fees on public parking garages or related facilities. This bill relates to development impact fees which are a local government revenue. The Office of Economic Research has reviewed the bill and has determined that there is no impact on state or local general fund revenue in FY 2003-04.

Approved By:

William C. Gillespie

Board of Economic Advisors

1/ This statement meets the requirement of Section 2-7-71 for a state revenue impact, Section 2-7-76 for a local revenue impact, and Section 6-1-85(B) for an estimate of the shift in local property tax incidence.

A BILL

TO AMEND SECTION 6-1-920, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS USED IN THE "SOUTH CAROLINA DEVELOPMENT IMPACT FEE ACT", SO AS TO ADD TO THE DEFINITION OF "PUBLIC FACILITIES", PUBLIC PARKING GARAGES OR RELATED FACILITIES.

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

SECTION    1.    Section 6-1-920(18) of the 1976 Code, as added by Act 118 of 1999, is amended by adding:

"(i)    public parking garages or related facilities."

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

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