South Carolina General Assembly
116th Session, 2005-2006

Download This Bill in Microsoft Word format

Indicates Matter Stricken
Indicates New Matter

S. 1022

STATUS INFORMATION

General Bill
Sponsors: Senator Knotts
Document Path: l:\council\bills\gjk\20637sd06.doc
Companion/Similar bill(s): 5277

Introduced in the Senate on January 10, 2006
Introduced in the House on June 1, 2006
Last Amended on May 31, 2006
Currently residing in the House Committee on Ways and Means

Summary: Millage set by Board of Trustees

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   1/10/2006  Senate  Introduced, read first time, placed on local & 
                        uncontested calendar SJ-44
   5/31/2006  Senate  Amended SJ-136
   5/31/2006  Senate  Read second time SJ-136
   5/31/2006  Senate  Unanimous consent for third reading on next legislative 
                        day SJ-136
    6/1/2006  Senate  Read third time and sent to House SJ-57
    6/1/2006  House   Introduced and read first time HJ-176
    6/1/2006  House   Referred to Committee on Ways and Means HJ-176
    6/7/2006          Scrivener's error corrected

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/10/2006
1/10/2006-A
5/31/2006
6/7/2006

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

AMENDED

May 31, 2006

S. 1022

Introduced by Senator Knotts

L. Printed 5/31/06--S.    [SEC 6/7/06 11:22 AM]

Read the first time January 10, 2006.

            

A BILL

TO AMEND SECTION 10 OF ACT 378 OF 2004, RELATED TO THE IMPOSITION OF SALES AND USE TAXES, TO PROVIDE THAT THE PROVISIONS OF ACT 378 AND THE SPECIAL ONE PERCENT SALES AND USE TAX IMPOSED PURSUANT TO ACT 378 EXPIRE AS OF THE FIRST DAY AFTER THE YEAR IN WHICH A STATEWIDE INCREASE IN THE SALES AND USE TAX ABOVE FIVE PERCENT IS IMPLEMENTED OR A STATEWIDE PROVISION PROVIDING SCHOOL MILLAGE AD VALOREM PROPERTY TAX REDUCTIONS TO THE TAXPAYERS OF THE COUNTY IN AN AMOUNT AT LEAST EQUAL TO THE TOTAL TAX CREDIT RELIEF PROVIDED BY ACT 378.

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

SECTION    1.    Section 10 of Act 378 of 2004 is amended to read:

"SECTION    10.    The provisions of this act also expire and the special one percent sales and use tax if implemented shall no longer be authorized as of the first day of the year after the year in which the State of South Carolina through the imposition of a statewide increase in the sales and use tax above five percent provides or will provide directly or indirectly school millage ad valorem property tax reductions to the taxpayers of the county as determined by the Department of Revenue at least equal to the total tax credit relief provided to such taxpayers by the provisions of this act."

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

----XX----

This web page was last updated on Friday, December 4, 2009 at 3:34 P.M.