South Carolina General Assembly
115th Session, 2003-2004

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Bill 973

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RECALLED

April 27, 2004

S. 973

Introduced by Senators Waldrep and O'Dell

S. Printed 4/27/04--H.

Read the first time April 14, 2004.

            

A BILL

TO AMEND SECTION 12-37-251, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE TRUST FUND FOR TAX RELIEF, SO AS TO PROVIDE THAT OPERATING MILLAGE LEVIED IN A COUNTY FOR ALTERNATIVE SCHOOLS, CAREER AND TECHNOLOGY CENTERS, AND COUNTY BOARDS OF EDUCATION WHETHER OR NOT LEVIED COUNTYWIDE OR ON A SCHOOL DISTRICT BY SCHOOL DISTRICT BASIS ALSO IS CONSIDERED SCHOOL OPERATING MILLAGE TO WHICH THE PROPERTY TAX EXEMPTION PROVIDED BY THIS SECTION APPLIES, AND TO PROVIDE THAT COUNTY TREASURERS SHALL CONSIDER THESE OPERATING MILLAGES IN DETERMINING REVENUE LOST WHEN MAKING DISBURSEMENTS TO SCHOOL DISTRICTS FROM TRUST FUNDS FOR TAX RELIEF FUNDS.

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

SECTION    1.    Section 12-37-251(B) of the 1976 Code is amended by adding a new item (3) to read:

"(3)    Operating millage levied in a county for alternative schools, career and technology centers, and county boards of education whether or not levied countywide or on a school district by school district basis in a county also is considered school operating millage to which the property tax exemption provided by this section applies. County treasurers shall consider these operating millages in determining revenue lost when making disbursements to school districts from trust fund for tax relief funds under this section."

SECTION    2.    This act takes effect upon approval by the Governor and is applicable for property tax years beginning after 2003.

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