The Committee on Ways and Means proposes the following amendment (LC-284.DG0023H):
Amend the bill, as and if amended, SECTION 1, by striking Section 6-1-530(A)(7) and inserting:
(7) development of workforce housing, which must include programs to promote home ownership. However, a county or municipality may not expend or dedicate more than fifteen percent of its annual local accommodations tax revenue for the purposes set forth in this item, and all such expenditures are subject to review and comment by the Joint Bond Review Committee. The provisions of this item are no longer effective after December 31, 2030.
Amend the bill further, by deleting SECTION 2.
Amend the bill further, SECTION 3, by striking Section 6-4-10(4)(b)(ix) and inserting:
(ix) development of workforce housing, which must include programs to promote home ownership. However, a county or municipality may not expend or dedicate more than fifteen percent of its annual local accommodations tax revenue for the purposes set forth in this item (4)(b)(ix), and all such expenditures are subject to review and comment by the Joint Bond Review Committee. The provisions of this item (4)(b)(ix) are no longer effective after December 31, 2030.
Amend the bill further, SECTION 5, by striking Section 6-4-12(F) and inserting:
(F) The local government shall provide the housing impact analysis for an ordinance to the members of the legislative body of the local government, the Department of Revenue, and the Tourism Expenditure Revenue Committee before the ordinance is considered by the legislative body. The Department of Revenue may not disburse any accommodations taxes to the local government for purposes of development of workforce housing unless and until the local government has provided the housing impact analysis to the parties required pursuant to this subsection.
Amend the bill further, by deleting SECTION 7.
Amend the bill further, SECTION 10, by striking subsection (C) and inserting:
(C) The members of the study committee shall seek assistance from governmental agencies including the South Carolina Building Codes Council, the South Carolina Housing Authority, and the South Carolina Department of Agriculture, and from members of the private sector including, but not limited to, the Homebuilders Association of South Carolina, Habitat for Humanity South Carolina, the Realtors Association of South Carolina, the Municipal Association of South Carolina, the South Carolina Association of Counties, South Carolina Land Trust, Conservation Voters of South Carolina, the South Carolina Chapter of the American Planning Association, and the Manufactured Housing Institute of South Carolina.
Amend the bill further, by adding an appropriately numbered SECTION to read:
SECTION X. Before the beginning of the 2030 legislative session, the Director of the Department of Parks, Recreation and Tourism, in consultation with the Secretary of Commerce and the Commission of Agriculture, shall issue a report to the General Assembly detailing the effects on tourism and workforce housing resulting from the codified provisions of this act.