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A255, R212, S227

STATUS INFORMATION

General Bill
Sponsors: Senators Campbell, Rankin and Grooms
Document Path: l:\s-res\pgc\001navy.kmm.pgc.docx

Introduced in the Senate on January 13, 2015
Introduced in the House on April 28, 2016
Last Amended on April 26, 2016
Passed by the General Assembly on June 2, 2016
Governor's Action: June 7, 2016, Signed

Summary: Remission of redevelopment fees

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/10/2014  Senate  Prefiled
  12/10/2014  Senate  Referred to Committee on Finance
   1/13/2015  Senate  Introduced and read first time (Senate Journal-page 142)
   1/13/2015  Senate  Referred to Committee on Finance 
                        (Senate Journal-page 142)
   4/14/2016  Senate  Committee report: Favorable with amendment Finance 
                        (Senate Journal-page 5)
   4/26/2016  Senate  Committee Amendment Amended and Adopted 
                        (Senate Journal-page 38)
   4/26/2016  Senate  Read second time (Senate Journal-page 38)
   4/26/2016  Senate  Roll call Ayes-33  Nays-8 (Senate Journal-page 38)
   4/27/2016          Scrivener's error corrected
   4/27/2016  Senate  Read third time and sent to House 
                        (Senate Journal-page 37)
   4/28/2016  House   Introduced and read first time (House Journal-page 11)
   4/28/2016  House   Referred to Committee on Ways and Means 
                        (House Journal-page 11)
   5/31/2016  House   Recalled from Committee on Ways and Means 
                        (House Journal-page 21)
    6/1/2016  House   Read second time (House Journal-page 80)
    6/1/2016  House   Roll call Yeas-94  Nays-0 (House Journal-page 80)
    6/2/2016  House   Read third time and enrolled (House Journal-page 8)
    6/2/2016          Ratified R 212
    6/7/2016          Signed By Governor
   6/15/2016          Effective date 06/07/16
   6/16/2016          Act No. 255

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/10/2014
4/14/2016
4/26/2016
4/27/2016
5/31/2016

(A255, R212, S227)

AN ACT TO AMEND SECTION 12-10-88, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REMISSION OF REDEVELOPMENT FEES TO A REDEVELOPMENT AUTHORITY, SO AS TO EXTEND THE END DATE FOR REMISSIONS FROM JANUARY 1, 2017, TO JANUARY 1, 2021, AND TO PROHIBIT A REDEVELOPMENT AUTHORITY FROM RECEIVING MORE IN REMISSIONS THAN IT DID IN FISCAL YEAR 2014-2015.

Be it enacted by the General Assembly of the State of South Carolina:

Redevelopment fees

SECTION    1.    Section 12-10-88(C) of the 1976 Code is amended to read:

"(C)    Redevelopment fees may be remitted to the applicable redevelopment authority for a period beginning with the date that the applicable redevelopment authority first submits the information described in subsection (B) to the department and ending fifteen years later or January 1, 2021, whichever occurs last. If the redevelopment authority fails to provide the department with the required statement within the requisite time limits, no redevelopment fees must be remitted for that quarter. Notwithstanding subsection (A), the redevelopment fee remitted by the department in any fiscal year may not exceed the amount remitted in Fiscal Year 2014-2015."

Time effective

SECTION    2.    This act takes effect upon approval by the Governor.

Ratified the 2nd day of June, 2016.

Approved the 7th day of June, 2016.

This web page was last updated on July 1, 2016 at 12:19 PM