Reference is to Printer's Date 2/14/17.
Amend the bill, as and if amended, SECTION 6, by striking Section 56-3-627(B) in its entirety and inserting:
/ (B)(1) If upon
purchasing or leasing any item subject to the fee, other than a
motor vehicle, from a dealer, the owner first registers the item
in this State, then the fee equals five percent, not to exceed
five hundred dollars, of the gross proceeds of sales, or sales
price, as those terms are defined in Chapter 36, Title 12. If
the dealer holds a South Carolina retail license or offers to
license and register the item, then the dealer shall collect the
fee and remit it to the Department of Motor Vehicles.
(2)
If upon purchasing or leasing a motor vehicle from a
dealer, the owner first registers the motor vehicle in this
State, then the fee equals three percent, not to exceed five
hundred dollars, of the gross proceeds of sales, or sales price,
as those terms are defined in Chapter 36, Title 12. If the
dealer holds a South Carolina retail license or offers to
license and register the motor vehicle, then the dealer must
collect the fee and remit it to the Department of Motor
Vehicles. /
Amend further SECTION 6, by striking Section 56-3-627(C)(1) in its entirety and inserting:
/ (1)(a) If upon
purchasing or leasing any item subject to the fee, other than a
motor vehicle, from a person other than a dealer, the owner
first registers the item in this State, then the fee equals five
percent, not to exceed five hundred dollars, of the fair market
value of the item.
(b)
If upon purchasing or leasing a motor vehicle from a
person other than a dealer, the owner first registers the motor
vehicle in this State, then the fee equals three percent, not to
exceed five hundred dollars, of the fair market value of the
motor vehicle. /
Amend further SECTION 6, by striking Section 56-3-627(E)(1) in its entirety and inserting:
/ (1) The Department of Transportation shall allocate eighty percent of every fee collected on motor vehicles pursuant to subsections (B)(2) and (C)(1)(b), but not to exceed two hundred forty dollars, to the state-funded resurfacing program. The Department of Transportation shall develop and implement a needs-based methodology to distribute revenue within the state-funded resurfacing program, which shall include consideration on a county-by-county basis, to ensure that each county in the State is guaranteed funding for resurfacing . /
Renumber sections to conform.
Amend title to conform.