Current Status Introducing Body:Senate Bill Number:1019 Primary Sponsor:Reese Type of Legislation:GB Subject:County may not levy fee or tax on transfer of property Residing Body:Senate Companion Bill Number:4522 Computer Document Number:JIC/5293HC.94 Introduced Date:19940112 Last History Body:Senate Last History Date:19940428 Last History Type:Committee Report: majority favorable, with amendment, minority unfavorable Scope of Legislation:Statewide All Sponsors:Reese Rose Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
____ ______ ____________ ______________________________ ___ ____________
1019 Senate 19940428 Committee Report: majority 11
favorable, with amendment,
minority unfavorable
1019 Senate 19940112 Introduced, read first time, 11
referred to Committee
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COMMITTEE REPORT
April 28, 1994
S. 1019
S. Printed 4/28/94--S.
Read the first time January 12, 1994.
To whom was referred a Bill (S. 1019), to amend the Code of Laws of South Carolina, 1976, by adding Section 6-1-70 so as to provide that a county or municipality, etc., respectfully
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, by striking SECTION 1 in its entirety and inserting therein the following:
/SECTION 1. Chapter 1, Title 6 of the 1976 Code is amended by adding:
"Section 6-1-70. (A) A county or municipality, but not both, may by ordinance impose a fee on the transfer of real property. If the real property is located within the municipal limits, the fee may be imposed by the municipality. If the real property is located in an unincorporated area, the fee may be imposed by the county.
(B) The revenue generated by the real estate transfer fee must be specifically allocated and used for a dedicated purpose as specified in the ordinance.
(C) This section does not apply to any purchase of timber described in Section 36-2-107 even if such transfers are recordable.
(D) A transfer fee imposed under this section may not exceed one-fourth of one percent of the purchase price."/.
Amend title to conform.
Majority favorable. Minority unfavorable.
HOLLY A. CORK ADDISON "JOE" WILSON
For Majority. For Minority.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-1-70 SO AS TO PROVIDE THAT A COUNTY OR MUNICIPALITY MAY NOT LEVY A FEE OR TAX ON THE TRANSFER OF REAL PROPERTY EXCEPT WHERE AUTHORIZED SPECIFICALLY BY GENERAL LAW.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 1, Title 6 of the 1976 Code is amended by adding:
"Section 6-1-70. A county or municipality may not impose a tax or fee on the transfer of real property except where the tax or fee is specifically authorized by general law."
SECTION 2. This act takes effect on the first day of the second month following approval by the Governor.