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Indicates Matter Stricken
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Indicates Matter Stricken
Indicates New Matter
COMMITTEE REPORT
May 10, 2006
S. 985
S. Printed 5/10/06--H. [SEC 5/11/06 1:56 PM]
Read the first time March 9, 2006.
To whom was referred a Bill (S. 985) to amend Section 6-1-530(b) of the 1976 Code, relating to the use of revenue from the local accommodations tax, to provide that a county, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass with amendment:
Amend the bill, as and if amended, by striking all after the enacting words and inserting:
/SECTION 1. Section 6-1-530(B) of the 1976 Code, is amended to read:
"(B)(1) In a county in which at least nine hundred thousand dollars in accommodations taxes is collected annually pursuant to Section 12-36-920, the revenues of the local accommodations tax authorized in this article may also be used for the operation and maintenance of those items provided in (A)(1) through (6) including police, fire protection, emergency medical services, and emergency-preparedness operations directly attendant to those facilities.
(2) In a county in which less than nine hundred thousand dollars in accommodations taxes is collected annually pursuant to Section 12-36-920, an amount not to exceed twenty percent of the revenue in the preceding fiscal year of the local accommodations tax authorized pursuant to this article may be used for the additional purposes provided in Item (1) of this subsection."
SECTION 2. Section 6-1-730(B) of the 1976 Code is amended to read:
"(B)(1) In a county in which at least nine hundred thousand dollars in accommodations taxes is collected annually pursuant to Section 12-36-920, the revenues of the hospitality tax authorized in this article may be used for the operation and maintenance of those items provided in (A)(1) through (6) including police, fire protection, emergency medical services, and emergency-preparedness operations directly attendant to those facilities.
(2) In a county in which less than nine hundred thousand dollars in accommodations taxes is collected annually pursuant to Section 12-36-920, an amount not to exceed twenty percent of the revenue in the preceding fiscal year of the local hospitality tax authorized pursuant to this article may be used for the additional purposes provided in Item (1) of this subsection."
SECTION 3. This act takes effect upon approval by the Governor. /
Renumber sections to conform.
Amend title to conform.
DANIEL T. COOPER for Committee.
REVENUE IMPACT 1/
This bill, as amended, has no impact on state general fund revenue in FY2006-07.
Explanation of Amendment (March 1, 2006) - By the Senate Finance Committee
This amendment strikes the lowering of the annual threshold from $900,000 to $100,000 a county must collect in state accommodation taxes as a requirement for a county to use local accommodation taxes for those items provided in Section 6-1-530(A)(1) through (6) including police, fire protection, emergency medical services and emergency-preparedness operations. The amendment inserts language that would permit a county that collects $900,000 in state accommodation taxes to use twenty percent of local accommodation taxes for those items described above. This bill, as amended, has no impact on state general fund revenue in FY2006-07.
Explanation of Bill filed January 10, 2006
This bill would amend Section 6-1-530(B) to lower the annual threshold a county must meet from the collection of accommodation taxes to be used for an exclusive list of operations and maintenance purposes allowed by law from a minimum $900,000 to $100,000 each year. There are six counties collecting more than $900,000 in state accommodations taxes - Beaufort, Charleston, Georgetown, Greenville, Horry, and Richland. Total state accommodations taxes (2%) amounted to $36,836,246 in FY2004-05. This bill would allow funds to be used for tourism-related projects pursuant to Section 6-1-530(A)(1) through (6) including, but not limited to, civic centers, coliseums, beach access and renourishment, highways, roads, streets, bridges, tourism advertisements, and water and sewer infrastructure. Funds could also be used for police, fire protection, emergency medical services, and emergency-preparedness operations directly attendant to those facilities. Lowering the threshold from $900,000 to $100,000 per year would have permitted an additional 17 counties to use accommodation taxes for operations and maintenance purposes in FY2004-05. This bill has no impact on state general fund revenue in FY2006-07.
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 by the BEA, or Section 2-7-76 for a local revenue impact or Section 6-1-85(B) for an estimate of the shift in local property tax incidence by the Office of Economic Research.
TO AMEND SECTION 6-1-530(B) OF THE 1976 CODE, RELATING TO THE USE OF REVENUE FROM THE LOCAL ACCOMMODATIONS TAX, TO PROVIDE THAT A COUNTY WHICH COLLECTS ONE HUNDRED THOUSAND DOLLARS IN ACCOMMODATIONS TAXES MAY USE THE REVENUE COLLECTED FOR THE OPERATION AND MAINTENANCE OF THE ITEMS LISTED IN 6-1-530(A) AND POLICE, FIRE PROTECTION, EMERGENCY MEDICAL SERVICES, AND EMERGENCY-PREPAREDNESS OPERATIONS DIRECTLY ATTENDANT TO THOSE FACILITIES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 6-1-530(B) of the 1976 Code is amended to read:
"(B)(1) In a county in which at least nine hundred thousand dollars in accommodations taxes is collected annually pursuant to Section 12-36-920, the revenues of the local accommodations tax authorized in this article may also be used for the operation and maintenance of those items provided in (A)(1) through (6) including police, fire protection, emergency medical services, and emergency-preparedness operations directly attendant to those facilities.
(2) In a county in which less than nine hundred thousand dollars in accommodations taxes is collected annually, an amount not to exceed twenty percent of the revenue in the preceding fiscal year of the local accommodations tax authorized in this article may also be used for the operation and maintenance of those items provided in (A)(1) through (6) including police, fire protection, emergency medical services, and emergency-preparedness operations directly attendant to those facilities."
SECTION 2. This act takes effect upon approval by the Governor.
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