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Bill 552

Indicates Matter Stricken
Indicates New Matter

RECALLED

April 30, 2003

S. 552

S. Printed 4/30/03--H.

Read the first time April 29, 2003.

TO PROVIDE THAT IN 2003 AND 2004, THE ANNUAL FEE FOR THE AUTOMOBILE MANUFACTURER STANDARD LICENSE PLATE FOR VEHICLES IN SUCH MANUFACTURER'S EMPLOYEE BENEFIT PROGRAM AND FOR THE TESTING, DISTRIBUTION, EVALUATION, AND PROMOTION OF ITS VEHICLES IS SEVEN HUNDRED SIXTY-SIX DOLLARS, AND TO PROVIDE THAT TWENTY DOLLARS OF EACH FEE IS CREDITED TO THE GENERAL FUND OF THE STATE AND THE BALANCE TO LOCAL GOVERNMENTS.

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

SECTION    1.    Notwithstanding the annual fee prescribed pursuant to Section 56-3-2332 of the 1976 Code for the standard license plate issued to an automobile manufacturer for vehicles used in a benefit program for the manufacturer's employees or for testing, distribution, evaluation, and promotion, the registration fee for applications filed in 2003 and 2004 is seven hundred sixty-six dollars. In accounting for the revenue of this reduced fee, twenty dollars is credited to the general fund of the State and the amount required to be remitted to a local government is seven hundred forty-six dollars.

SECTION    2.    This joint resolution takes effect upon approval by the Governor.

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