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TO AMEND ACT 81 OF 2009, RELATING TO THE SOUTH CAROLINA TAXATION REALIGNMENT COMMISSION, SO AS TO EXTEND FROM MARCH 15, 2010, TO NOVEMBER 15, 2010, THE DATE BY WHICH THE PRINCIPAL REPORT AND RECOMMENDATIONS OF THE COMMISSION ARE DUE TO BE COMPLETED AND DELIVERED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 1(C)(2) of Act 81 of 2009 is amended to read:
"(2) no later than March November 15, 2010, prepare and deliver a report and recommendation to the Chairman of the Senate Finance Committee and the Chairman of the House Ways and Means Committee, including the text of an amendment that effectuates the recommendations. The commission's report must be a detailed, comprehensive, and careful evaluation of the state's tax system structure. The commission's report shall consider:
(a) sales and use tax exemptions or limitations to be retained, modified, or repealed;
(b) the assessment of state and local taxes levied and other provisions affecting state and local revenue to fund the operation and responsibilities of state and local government, respectively; and
(c) any fee, fine, license, forfeiture, or other funds."
SECTION 2. This joint resolution takes effect upon approval by the Governor.
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