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A239, R267, H4577

STATUS INFORMATION

General Bill
Sponsors: Reps. White, Bales, Merrill, D.C. Moss, G.R. Smith and Cobb-Hunter
Document Path: l:\council\bills\bh\26391dg16.docx

Introduced in the House on January 12, 2016
Introduced in the Senate on February 24, 2016
Last Amended on May 24, 2016
Passed by the General Assembly on June 2, 2016
Governor's Action: June 5, 2016, Signed

Summary: State Aviation Fund

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/10/2015  House   Prefiled
  12/10/2015  House   Referred to Committee on Ways and Means
   1/12/2016  House   Introduced and read first time (House Journal-page 110)
   1/12/2016  House   Referred to Committee on Ways and Means 
                        (House Journal-page 110)
   1/13/2016  House   Member(s) request name added as sponsor: D.C.Moss, 
                        G.R.Smith
   2/10/2016  House   Member(s) request name added as sponsor: Cobb-Hunter
   2/11/2016  House   Committee report: Favorable Ways and Means 
                        (House Journal-page 84)
   2/23/2016  House   Read second time (House Journal-page 38)
   2/23/2016  House   Roll call Yeas-103  Nays-0 (House Journal-page 38)
   2/24/2016  House   Adopted, sent to Senate (House Journal-page 12)
   2/24/2016  Senate  Introduced and read first time (Senate Journal-page 14)
   2/24/2016  Senate  Referred to Committee on Finance (Senate Journal-page 14)
   5/18/2016  Senate  Committee report: Favorable with amendment Finance 
                        (Senate Journal-page 15)
   5/19/2016          Scrivener's error corrected
   5/24/2016  Senate  Committee Amendment Adopted (Senate Journal-page 88)
   5/26/2016  Senate  Read second time (Senate Journal-page 23)
   5/26/2016  Senate  Roll call Ayes-40  Nays-0 (Senate Journal-page 23)
    6/1/2016  Senate  Read third time and returned to House with amendments 
                        (Senate Journal-page 39)
    6/2/2016  House   Concurred in Senate amendment and enrolled 
                        (House Journal-page 55)
    6/2/2016  House   Roll call Yeas-105  Nays-0 (House Journal-page 55)
    6/2/2016          Ratified R 267
    6/5/2016          Signed By Governor
   6/10/2016          Effective date See Act for Effective Date
   6/13/2016          Act No. 239

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/10/2015
2/11/2016
5/18/2016
5/19/2016
5/24/2016

(A239, R267, H4577)

AN ACT TO AMEND SECTION 55-5-280, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE STATE AVIATION FUND, SO AS TO PROVIDE THAT PERCENTAGES OF REVENUES OF CERTAIN PROPERTY TAXES LEVIED ON AIRCRAFT BY THE STATE MUST BE DIRECTED TO THE STATE AVIATION FUND.

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

State Aviation Fund

SECTION    1.    Section 55-5-280(B) of the 1976 Code, as last amended by Act 270 of 2012, is further amended to read:

"(B)    In any fiscal year in which the tax levied by the State pursuant to Section 12-37-2410, et seq., exceeds two and one-half million dollars, the revenues in excess of two and one-half million dollars must be directed to the State Aviation Fund; however, any revenue in excess of five million dollars must be credited in equal amounts to the general fund and the State Aviation Fund."

Time effective

SECTION    2.    This act takes effect upon approval by the Governor and first applies to Fiscal Year 2016-2017.

Ratified the 2nd day of June, 2016.

Approved the 5th day of June, 2016.

This web page was last updated on June 28, 2016 at 4:48 PM