South Carolina Legislature


 

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H 3748
Session 118 (2009-2010)


H 3748 General Bill, By Duncan, Clemmons, Chalk and Erickson
 A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION
 59-20-24 SO AS TO PROVIDE THAT THE VALUE OF OWNER OCCUPIED PROPERTY MUST BE
 INCLUDED IN THE CALCULATION OF THE INDEX OF TAXPAYING ABILITY UNTIL A
 PERMANENT CHANGE IN THE METHOD OF ITS CALCULATION IS ENACTED; AND TO CREATE
 THE INDEX OF TAXPAYING ABILITY STUDY COMMITTEE, TO PROVIDE FOR ITS MEMBERSHIP
 AND ITS PURPOSE, AND TO REQUIRE THE COMMITTEE TO REPORT ITS FINDINGS TO THE
 GENERAL ASSEMBLY BY JANUARY 10, 2010, UPON WHICH DATE THE COMMITTEE SHALL
 DISSOLVE.

   03/24/09  House  Introduced, read first time, placed on calendar
                     without reference HJ-53
   03/25/09  House  Member(s) request name added as sponsor: Chalk
   03/26/09  House  Requests for debate-Rep(s). GR Smith,
                     Bedingfield, Nanney, DC Smith, Cooper, Clemmons,
                     Merrill, Duncan, Anthony, Stringer, Erickson,
                     Dillard, King, Gullick, JR Smith, R Brown,
                     Clyburn, Jefferson, Weeks, Kennedy, Harrison, JH
                     Neal, Frye, and Williams HJ-21
   04/01/09  House  Committed to Committee on Ways and Means HJ-91
   04/22/09  House  Member(s) request name added as sponsor: Erickson
   04/15/10  House  Committee report: Favorable with amendment Ways
                     and Means HJ-19
   04/27/10  House  Amended HJ-83
   04/27/10  House  Read second time HJ-83
   04/27/10  House  Roll call Yeas-93  Nays-16 HJ-85
   04/28/10  House  Read third time and sent to Senate HJ-60
   04/29/10  Senate Introduced and read first time SJ-11
   04/29/10  Senate Referred to Committee on Finance SJ-11
   05/19/10  Senate Committee report: Favorable with amendment
                     Finance SJ-29
   06/02/10  Senate Read second time SJ-35



H. 3748

COMMITTEE REPORT

May 19, 2010

H. 3748

Introduced by Reps. Duncan, Clemmons, Chalk and Erickson

S. Printed 5/19/10--S.

Read the first time April 29, 2010.

            

THE COMMITTEE ON FINANCE

To whom was referred a Bill (H. 3748) to amend the Code of Laws of South Carolina, 1976, by adding Section 59-20-24 so as to provide that the value of owner occupied property must be, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass with amendment:

Amend the bill, as and if amended, page 2, SECTION 2, by striking lines 3 through 19 and inserting:

/            (B)    The committee is composed of fourteen members, who are appointed as follows:

(1)    two members appointed by the Chairman of the Senate Finance Committee, two members appointed by the Chairman of the Senate Education Committee, and four members appointed by the Speaker of the House of Representatives. Appointees shall possess experience in business, school district finance, or economics, and must include representatives from the Department of Education, the Department of Revenue, and the Office of Research and Statistics as well as members of the business and education communities;

(2)    one member of the Senate appointed by the Senate President Pro Tempore;

(3)    one member of the Senate appointed by the Senate Majority Leader;

(4)    one member of the Senate appointed by the Senate Minority Leader; and

(5)    three members of the House of Representatives appointed by the Speaker of the House of Representatives.

It is the intent of the General Assembly that appointees to the committee be geographically diverse so that all geographic boundaries of the State are represented.        /

Renumber sections to conform.

Amend title to conform.

HUGH K. LEATHERMAN, SR. for Committee.

            

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-20-24 SO AS TO PROVIDE THAT THE VALUE OF OWNER OCCUPIED PROPERTY MUST BE INCLUDED IN THE CALCULATION OF THE INDEX OF TAXPAYING ABILITY UNTIL A PERMANENT CHANGE IN THE METHOD OF ITS CALCULATION IS ENACTED; AND TO CREATE THE INDEX OF TAXPAYING ABILITY STUDY COMMITTEE, TO PROVIDE FOR ITS MEMBERSHIP AND ITS PURPOSE, AND TO REQUIRE THE COMMITTEE TO REPORT ITS FINDINGS TO THE GENERAL ASSEMBLY BY JANUARY 10, 2010, UPON WHICH DATE THE COMMITTEE SHALL DISSOLVE.

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

SECTION    1.    Chapter 20, Title 59 of the 1976 Code is amended by adding:

"Section 59-20-24.    Notwithstanding Section 59-20-20, the index of taxpaying ability as calculated by the Department of Revenue for 2009 applies for the 2010-11 fiscal year."

SECTION    2.    (A)    From the funds appropriated or authorized for the Department of Education, there is created the Index of Taxpaying Ability Study Committee. The committee shall examine the index of taxpaying ability and its relationship to Education Finance Act resources available to the individual school districts in support of the education foundation program required by the State. The committee also shall examine the manner in which the index is calculated and the impact of property tax measures on the calculation.

(B)    The committee is composed of fourteen members, who are appointed as follows:

(1)    four members appointed by the President Pro Tempore of the Senate, and four members appointed by the Speaker of the House of Representatives. Appointees shall possess experience in business, school district finance, or economics, and must include representatives from the Department of Education, the Department of Revenue, and the Office of Research and Statistics as well as members of the business and education communities;

(2)    one member of the Senate appointed by the Senate President Pro Tempore;

(3)    one member of the Senate appointed by the Senate Majority Leader; and

(4)    one member of the Senate appointed by the Senate Minority Leader; and

(5)    Three members of the House of Representatives appointed by the Speaker of the House of Representatives.

(C)    The members shall elect a chairman at the first meeting of the committee.

(D)    No later than January 1, 2011, the committee shall prepare and deliver a report and recommendation to the Chairman of the Senate Finance Committee, the Chairman of the House Ways and Means Committee, the Chairman of the Senate Education Committee, and the Chairman of House Education and Public Works Committee.

(E)    Members of the study committee shall serve without compensation for per diem, mileage, and subsistence.

SECTION    3.    This act takes effect upon approval by the Governor.

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