South Carolina General Assembly
116th Session, 2005-2006

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Indicates New Matter

H. 4390

STATUS INFORMATION

General Bill
Sponsors: Reps. Taylor, Duncan and M.A. Pitts
Document Path: l:\council\bills\bbm\9094htc06.doc

Introduced in the House on January 10, 2006
Currently residing in the House Committee on Ways and Means

Summary: Motorcycles

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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   1/10/2006  House   Introduced and read first time HJ-50
   1/10/2006  House   Referred to Committee on Ways and Means HJ-50

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/10/2006

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

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-37-932 SO AS TO REQUIRE THE COUNTY AUDITOR TO REQUIRE AN ADJUSTMENT OF THE FAIR-MARKET VALUE OF MOTORCYCLES FOR "HIGH MILEAGE" IF THE AUDITOR ALLOWS A "HIGH MILEAGE" ADJUSTMENT IN THE FAIR-MARKET VALUE OF OTHER MOTOR VEHICLES SUBJECT TO PROPERTY TAX IN THE COUNTY.

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

SECTION    1.    Article 5, Chapter 37, Title 12 of the 1976 Code is amended by adding:

"Section 12-37-932.    If a county auditor allows an adjustment of the fair-market value of motor vehicles for 'high mileage', the auditor also shall allow a similar 'high mileage' adjustment in the fair-market value of motorcycles subject to property tax in the county."

SECTION    2.    This act takes effect upon approval by the Governor and applies with respect to motor vehicle tax years beginning after the last day of the second month following the month in which this act was approved by the Governor.

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