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H*3797
Session 109 (1991-1992)


H*3797(Rat #0225, Act #0154 of 1991)  General Bill, By J.H. Hodges
 A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
 34-27-300, so as to exempt credit unions chartered under the provisions of
 Section 34-27-40 from business license taxes.-amended titl

   04/09/91  House  Introduced and read first time HJ-8
   04/09/91  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-8
   05/08/91  House  Committee report: Favorable with amendment Labor,
                     Commerce and Industry HJ-42
   05/16/91  House  Amended HJ-27
   05/16/91  House  Read second time HJ-27
   05/22/91  House  Read third time and sent to Senate HJ-12
   05/23/91  Senate Introduced and read first time SJ-6
   05/23/91  Senate Referred to Committee on Finance SJ-6
   05/29/91  Senate Recalled from Committee on Finance SJ-48
   06/05/91  Senate Read second time SJ-92
   06/05/91  Senate Unanimous consent for third reading on next
                     legislative day SJ-92
   06/06/91  Senate Read third time and enrolled SJ-28
   06/06/91         Ratified R 225
   06/12/91         Signed By Governor
   06/12/91         Effective date 06/12/91
   06/12/91         Act No. 154
   06/28/91         Copies available



(A154, R225, H3797)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 34-27-300 SO AS TO EXEMPT CREDIT UNIONS CHARTERED UNDER THE PROVISIONS OF SECTION 34-27-40 FROM BUSINESS LICENSE TAXES.

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

Credit unions exempted from business license taxes

SECTION 1. The 1976 Code is amended by adding:

"Section 34-27-300. Credit unions chartered under the laws of South Carolina pursuant to Section 34-27-40 are exempt from business license taxes."

Time effective

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

Approved the 12th day of June, 1991.




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