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COMMITTEE REPORT
January 26, 2005
S. 207
S. Printed 1/26/05--S.
Read the first time January 12, 2005.
To whom was referred a Bill (S. 207) to amend Section 12-37-220, as amended, Code of Laws of South Carolina, 1976, so as to extend the exemption allowed property owned by the Boy Scouts, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
HUGH K. LEATHERMAN, SR. for Committee.
REVENUE IMPACT 1/
This bill is not expected to have an impact on state revenues. Local property tax revenues are expected to decrease by an estimated $40,000 in FY 2006. This amount includes the retroactive effect of going back to tax years beginning after 2001.
Explanation
Under current law, all property owned and used or occupied by the Boy's or Girl's Scouts of America and used exclusively for the purposes of these organizations is exempt from ad valorem taxation. This bill would extend this exemption to property not owned by these organizations but which is used exclusively by them for scouting purposes. This bill would also make the property tax exemption retroactive back to property tax years beginning after 2001.
Data from the Department of Revenue show that 94 parcels of land and or buildings associated with the Boy's and Girl's Scouts are certified as being exempt from property taxes for 2005 under current law. These 94 parcels included 4,400 acres of land. There were also 116 vehicles certified as being exempt from property taxes for 2005 under current law. Applying average tax rates of $1,216 for each parcel of land and $200 for each vehicle, we estimate local property tax revenue will decrease by an estimated $40,000 in FY 2006. This amount is expected to decrease in later years due to the retroactive refunds that would be made in the first year.
Approved By:
William C. Gillespie
Board of Economic Advisors
1/ This statement meets the requirement of Section 2-7-71 for a state revenue impact, Section 2-7-76 for a local revenue impact, and Section 6-1-85(B) for an estimate of the shift in local property tax incidence.
TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, SO AS TO EXTEND THE EXEMPTION ALLOWED PROPERTY OWNED BY THE BOY SCOUTS OF AMERICA OR THE GIRL SCOUTS OF AMERICA AND USED OR OCCUPIED EXCLUSIVELY FOR SCOUTING PURPOSES TO PROPERTY REGARDLESS OF OWNERSHIP WHICH IS USED EXCLUSIVELY FOR SCOUTING PURPOSES TO GIVE THIS EXEMPTION RETROACTIVE EFFECT, AND TO WAIVE THE TIME LIMITS OTHERWISE APPLICABLE TO CLAIMS FOR REFERRAL PURPOSES OF CLAIMS MADE PURSUANT TO THE AMENDMENTS MADE BY THIS ACT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B)(7) of the 1976 Code is amended to read:
"(7) All property owned and used or occupied by The Boy's or Girl's Boy Scouts of America or The Girl Scouts of America and used exclusively for the purposes of those these organizations. The exemption allowed by this item also extends to property not owned by these organizations but which is used exclusively by them for scouting purposes."
SECTION 2. This act takes effect upon approval by the Governor and applies for property tax years beginning after 2001. The time limitations provided in Section 12-54-85(F) of the 1976 Code do not apply for purposes of computing refunds pursuant to Section 12-37-220(B)(7) of the 1976 Code as amended in this act.
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