Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
Sponsors: Rep. Huggins
Document Path: l:\council\bills\dka\3015sd11.docx
Introduced in the House on January 11, 2011
Introduced in the Senate on May 24, 2011
Currently residing in the Senate Committee on Finance
Summary: Department of Revenue
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/7/2010 House Prefiled 12/7/2010 House Referred to Committee on Ways and Means 1/11/2011 House Introduced and read first time 1/11/2011 House Referred to Committee on Ways and Means 5/12/2011 House Committee report: Favorable Ways and Means (House Journal-page 6) 5/18/2011 House Read second time (House Journal-page 16) 5/18/2011 House Roll call Yeas-106 Nays-0 (House Journal-page 16) 5/19/2011 House Read third time and sent to Senate (House Journal-page 11) 5/24/2011 Senate Introduced and read first time (Senate Journal-page 15) 5/24/2011 Senate Referred to Committee on Finance (Senate Journal-page 15)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
May 12, 2011
S. Printed 5/12/11--H.
Read the first time January 11, 2011.
To whom was referred a Bill (H. 3055) to amend Section 12-60-430, as amended, Code of Laws of South Carolina, 1976, relating to the failure of a taxpayer to make a report or file, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
DANIEL T. COOPER for Committee.
TO AMEND SECTION 12-60-430, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE FAILURE OF A TAXPAYER TO MAKE A REPORT OR FILE A RETURN REQUIRED BY LAW OR A TAXPAYER WHO FILES A FRIVOLOUS RETURN, SO AS TO FURTHER PROVIDE FOR THE INFORMATION THE DEPARTMENT MUST CONSIDER WHEN MAKING AN ESTIMATE OF THE TAX LIABILITY OF THE TAXPAYER UNDER THESE CIRCUMSTANCES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-60-430 of the 1976 Code, as last amended by Act 116 of 2007, is further amended by adding:
"(C) The 'best information available' for purposes of subsections (A) and (B) of this section means either previous returns filed by the taxpayer, if any, or information supplied by the taxpayer upon request of the department sent by first class mail, return receipt requested, if no previous returns have been filed."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Tuesday, December 10, 2013 at 10:13 A.M.