Download This Bill in Microsoft Word format
A36, R98, H3659
STATUS INFORMATION
General Bill
Sponsors: Reps. Kirsh, Simrill, Owens, Scott and McLeod
Document Path: l:\council\bills\bbm\9824ssp07.doc
Introduced in the House on March 7, 2007
Introduced in the Senate on April 25, 2007
Last Amended on May 22, 2007
Passed by the General Assembly on May 29, 2007
Became law without Governor's signature, June 7, 2007
Summary: Excise tax
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/7/2007 House Introduced and read first time HJ-10 3/7/2007 House Referred to Committee on Ways and Means HJ-10 4/18/2007 House Committee report: Favorable with amendment Ways and Means HJ-16 4/24/2007 House Member(s) request name added as sponsor: Owens, Scott, McLeod 4/24/2007 House Amended HJ-89 4/24/2007 House Read second time HJ-89 4/25/2007 House Read third time and sent to Senate HJ-20 4/25/2007 Senate Introduced and read first time SJ-23 4/25/2007 Senate Referred to Committee on Finance SJ-23 5/16/2007 Senate Committee report: Favorable with amendment Finance SJ-14 5/22/2007 Senate Amended SJ-25 5/22/2007 Senate Read second time SJ-25 5/23/2007 Scrivener's error corrected 5/23/2007 Senate Read third time and returned to House with amendments SJ-69 5/29/2007 House Concurred in Senate amendment and enrolled HJ-37 5/31/2007 Ratified R 98 6/7/2007 Became law without Governor's signature 6/13/2007 Copies available 6/13/2007 Effective date 06/07/07 6/15/2007 Act No. 36
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
3/7/2007
4/18/2007
4/24/2007
5/16/2007
5/22/2007
5/23/2007
(A36, R98, H3659)
AN ACT TO AMEND SECTION 12-33-245, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE EXCISE TAX ON ALCOHOLIC LIQUORS FOR ON-PREMISES CONSUMPTION, SO AS TO REQUIRE REVENUE FROM THE EXCISE TAX TO BE DISTRIBUTED IN FOUR EQUAL PAYMENTS TO STATE AGENCIES AND ENTITIES BASED ON PAYMENTS REMITTED IN FISCAL YEAR 2004-2005 AND TO REQUIRE AMOUNTS IN EXCESS OF THE TAX COLLECTION AND THE FISCAL YEAR 2004-2005 REMITTANCE TO BE DISTRIBUTED TO COUNTY TREASURERS WITHIN THIRTY DAYS.
Be it enacted by the General Assembly of the State of South Carolina:
Minibottle tax revenue distributions
SECTION 1. Section 12-33-245(C) of the 1976 Code, as added by Act 139 of 2005, is amended to read:
"(C)    Those state agencies and local entities, including counties, which are allocated and receive by law minibottle tax revenues in fiscal year 2004-2005 for education, prevention, and other purposes, shall receive at least the same amount of revenues from the new excise tax revenues beginning with the first full fiscal year after sales of liquor by the drink are authorized as they did from minibottle tax revenues during fiscal year 2004-2005. If these state agencies and local entities do not, the difference must be made up from the general fund. Payments will be distributed in four equal payments based on the total payments remitted to these state agencies and entities in fiscal year 2004-2005, including funds allocated pursuant to Section 6-27-40(B). At the end of each fiscal year, the State Treasurer, in consultation with the Department of Revenue, shall determine whether the tax collected pursuant to these sections exceed the total collection and remittance for fiscal year 2004-2005. If the tax collected exceeds the amount collected and allocated in fiscal year 2004-2005, a distribution of the difference will be remitted to the county treasurers within thirty days after the close of each fiscal year."
Time effective
SECTION 2. This act takes effect upon approval by the Governor.
Ratified the 31st day of May, 2007.
Became law without the signature of the Governor -- 6/7/07.
This web page was last updated on Wednesday, December 2, 2009 at 3:40 P.M.