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TO AUTHORIZE THE SOUTH CAROLINA DEPARTMENT OF REVENUE TO REVISE THE 2004 INDEX OF TAXPAYING ABILITY FOR PURPOSES OF ADJUSTING FOR A VALUATION ERROR IN ROCK HILL SCHOOL DISTRICT THREE OF YORK COUNTY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. For purposes of adjusting for a valuation error in Rock Hill School District Three of York County, the South Carolina Department of Revenue may revise the 2004 Index of Taxpaying Ability, as defined in Section 59-20-20(3) of the 1976 Code, for purposes of calculating the 2004 Index of Taxpaying Ability.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
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