H*3305(Rat #0143, Act #0136 of 2005)  General Bill, By J.E. Smith, Bales, Scott, 
Rutherford, Cotty, Ballentine, Bingham, Brady, J. Brown, Haley, Harrison, Hayes, 
J. Hines, Howard, Jennings, J.H. Neal, Neilson, Toole, Viers, Harrell, Ceips, 
Duncan, Walker, Mahaffey, Chellis and Whipper

Similar(S 287, S 363)
 AN ACT TO AMEND SECTION 12-45-75, CODE OF LAWS OF SOUTH CAROLINA, 1976,
 RELATING TO INSTALLMENT PAYMENTS OF REAL PROPERTY TAXES, SO AS TO AUTHORIZE
 MONTHLY INSTALLMENTS. - ratified title

   01/12/05  House  Introduced and read first time HJ-79
   01/12/05  House  Referred to Committee on Ways and Means HJ-79
   01/18/05  House  Member(s) request name added as sponsor: Viers
   01/19/05  House  Member(s) request name added as sponsor: Harrell
   02/01/05  House  Member(s) request name added as sponsor: Ceips
   03/01/05  House  Member(s) request name added as sponsor: Duncan, Walker
   04/19/05  House  Committee report: Favorable Ways and Means HJ-53
   04/26/05  House  Member(s) request name added as sponsor:
                     Mahaffey, Chellis, Whipper
   04/26/05  House  Read second time HJ-91
   04/27/05  House  Read third time and sent to Senate HJ-19
   04/28/05  Senate Introduced and read first time SJ-9
   04/28/05  Senate Referred to Committee on Finance SJ-9
   05/25/05  Senate Recalled from Committee on Finance SJ-13
   05/26/05  Senate Read second time SJ-319
   05/31/05  Senate Read third time and enrolled SJ-26
   06/01/05         Ratified R 143
   06/07/05         Signed By Governor
   06/13/05         Copies available
   06/13/05         Effective date 06/07/05
   06/16/05         Act No. 136

(A136, R143, H3305)

AN ACT TO AMEND SECTION 12-45-75, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSTALLMENT PAYMENTS OF REAL PROPERTY TAXES, SO AS TO AUTHORIZE MONTHLY INSTALLMENTS.

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

Installment payments

SECTION    1.    Section 12-45-75(A) of the 1976 Code is amended to read:

"(A)(1)    The governing body of a county may by ordinance allow a taxpayer to elect to pay all ad valorem taxes on real property located in the county in quarterly or monthly installments. An installment election is not allowed for taxes paid through an escrow account.

(2)    The ordinance must 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 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 may not provide penalties for late installments."

Time effective

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

Ratified the 1st day of June, 2005.

Approved the 7th day of June, 2005.