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H. 4310
STATUS INFORMATION
General Bill
Sponsors: Reps. Toole, Clyburn and Taylor
Document Path: l:\council\bills\swb\5368cm08.doc
Introduced in the House on January 8, 2008
Currently residing in the House Committee on Ways and Means
Summary: State Highway Repaving Trust Fund
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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12/5/2007 House Prefiled
12/5/2007 House Referred to Committee on Ways and Means
1/8/2008 House Introduced and read first time HJ-28
1/8/2008 House Referred to Committee on Ways and Means HJ-28
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 12-6-5060, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE VOLUNTARY CONTRIBUTION OF FUNDS TO VARIOUS ENTITIES BY A PERSON ON HIS STATE INDIVIDUAL INCOME TAX RETURN, SO AS TO ESTABLISH THE STATE HIGHWAY REPAVING TRUST FUND AS AN ENTITY TO WHICH A PERSON MAY MAKE VOLUNTARY CONTRIBUTIONS; AND BY ADDING SECTION 57-11-30 SO AS TO CREATE THE STATE HIGHWAY REPAVING TRUST FUND WHICH CONSISTS OF TAXPAYERS' VOLUNTARY CONTRIBUTIONS WHICH MUST BE APPROPRIATED TO THE STATE'S COUNTIES FOR THE REPAIR AND MAINTENANCE OF ROADS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-6-5060(A) of the 1976 Code, as last amended by Act 382 of 2006, is further amended to read:
"(A) Each taxpayer required to file a state individual income tax return may contribute to the War Between the States Heritage Trust Fund established pursuant to Section 51-18-115, the Nongame Wildlife and Natural Areas Program Fund established pursuant to Section 50-1-280, the Children's Trust Fund of South Carolina established pursuant to Section 20-7-5010, the Eldercare Trust Fund of South Carolina established pursuant to Section 43-21-160, or the First Steps to School Readiness Fund established pursuant to Section 20-7-9740, the South Carolina Military Family Relief Fund established pursuant to Article 3, Chapter 11 of Title 25, the Gift of Life Trust Fund of South Carolina established pursuant to Section 44-43-1310, the Veterans' Trust Fund of South Carolina established pursuant to Chapter 21 of Title 25, the South Carolina Litter Control Enforcement Program (SCLCEP) and used by the Governor's Task Force on Litter only for the SCLCEP Program, the South Carolina Law Enforcement Assistance Program (SCLEAP) and used as provided in Section 23-3-65, the South Carolina Department of Parks, Recreation and Tourism for use in the South Carolina State Park Service in the manner the General Assembly provides, K-12 public education for use in the manner the General Assembly provides by law, South Carolina Conservation Bank Trust Fund established pursuant to Section 48-59-60, or the Financial Literacy Trust Fund as established pursuant to Section 59-29-510, or the State Highway Repaving Trust Fund established pursuant to Section 57-11-30, by designating the contribution on the return. The contribution may be made by reducing the income tax refund or by remitting additional payment by the amount designated."
SECTION 2. Article 1, Chapter 11, Title 57 of the 1976 code is amended by adding:
"Section 57-11-30. (A) There is created the State Highway Repaving Trust Fund which consists of voluntary contributions made by a taxpayer required to file a state individual income tax return which must be deposited with the State Treasurer.
(B) These monies must be appropriated among the counties of the state in the ratio which the population of the county bears to the total population of the state as shown by the latest official decennial census. The Office of Research and Statistics of the State Budget and Control Board shall provide the appropriate population data for these distributions.
(C) The State Highway Repaving Trust Fund revenues must be expended on the authority of the governing body of a county solely for the purpose of road repair and maintenance within a county.
(D) All earnings on the State Highway Repaving Trust Fund in the State Treasury must be added to the distribution to a county in the ratio that the county's annual distribution is to the total of these distributions statewide."
SECTION 3. This act takes effect upon approval by the Governor.
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