Scroll to History Page
Scroll to Previous Versions Links List
Scroll to Full Text
Download This Bill in Microsoft Word format
Current Status Bill Number:View additional legislative information at the LPITS web site.4550 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:20020122 Primary Sponsor:W.D. Smith All Sponsors:W.D. Smith, Scarborough, McLeod and Knotts Drafted Document Number:l:\council\bills\bbm\10647htc02.doc Residing Body:House Current Committee:Agriculture, Natural Resources and Environmental Affairs Com 20 HANR Subject:Brownfields Voluntary Cleanup Program; exemption from county taxes on property when certificate of completion has been issued by DHEC History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ House 20020220 Co-Sponsor added (Rule 5.2) by Rep. Knotts House 20020214 Co-Sponsor added (Rule 5.2) by Rep. McLeod House 20020214 Referred to Committee 20 HANR House 20020214 Recalled from Committee 30 HWM House 20020122 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill
TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO ALLOW AN EXEMPTION FROM COUNTY TAXES FOR FIVE YEARS ON PROPERTY SUBJECT TO A NONRESPONSIBLE PARTY VOLUNTARY CLEAN-UP CONTRACT FOR WHICH A CERTIFICATE OF COMPLETION HAS BEEN ISSUED BY THE DEPARTMENT OF HEALTH AND ENVIRONMENTAL CONTROL.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B) of the 1976 Code is amended by adding an appropriately numbered item at the end to read:
"( ) Property and improvements subject to a nonresponsible party voluntary clean-up contract for which a certificate of completion has been issued by the Department of Health and Environmental Control pursuant to Article 7, Chapter 56 of Title 44, the Brownfields Voluntary Cleanup Program, is exempt from ad valorem taxation in the same manner and to the same extent as the exemption allowed pursuant to subsection (A)(7) of this section. This exemption applies beginning with the taxable year in which the certificate of completion is issued."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Tuesday, December 8, 2009 at 11:35 A.M.