H 3767 General Bill, By Mack, Harvin, Knotts, Allen, Bowers, Breeland, Clyburn, 
Davenport, Govan, J. Hines, Howard, Inabinett, Lloyd, J.H. Neal, Parks, 
Phillips, Pinckney, Robinson, Stille and Whipper
 A BILL TO AMEND SECTION 12-45-75, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
 1976, RELATING TO INSTALLMENT PAYMENTS OF AD VALOREM TAXES ON REAL PROPERTY,
 SO AS TO REQUIRE A COUNTY TO ALLOW A TAXPAYER ELECTION TO PAY THOSE TAXES IN
 MONTHLY INSTALLMENTS.

   03/24/99  House  Introduced and read first time HJ-6
   03/24/99  House  Referred to Committee on Ways and Means HJ-6

TO AMEND SECTION 12-45-75, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSTALLMENT PAYMENTS OF AD VALOREM TAXES ON REAL PROPERTY, SO AS TO REQUIRE A COUNTY TO ALLOW A TAXPAYER ELECTION TO PAY THOSE TAXES IN MONTHLY INSTALLMENTS.

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

SECTION 1. Section 12-45-75(A) of the 1976 Code, as last amended by Section 119D, Part II, Act 145 of 1995, is further amended to read:

"(A)(1) The governing body of a county may by ordinance must allow a taxpayer to elect to pay all his ad valorem taxes on real property located in the county in quarterly monthly installments. No An installment election is not allowed for taxes paid through an escrow account.

(2) The ordinance must county may specify the installment due dates and it may provide for installments due and payable before January fifteenth, but the final installment due date must be January fifteenth. The ordinance county may provide for a service charge of not more than two dollars on installment payments. For purposes of payment and collection, these service charges are deemed property taxes. The ordinance county may not provide penalties for late installments."

SECTION 2. This act takes effect upon approval by the Governor for property tax years beginning after 1998.