Download This Bill in Microsoft Word format
A69, R85, H3482
Sponsors: Reps. Stavrinakis, Kirby, Pendarvis, J. Moore, Henegan, Wetmore, Weeks, Wheeler and Henderson-Myers
Document Path: l:\council\bills\nbd\11120dg21.docx
Introduced in the House on January 12, 2021
Introduced in the Senate on April 7, 2021
Passed by the General Assembly on May 11, 2021
Governor's Action: May 17, 2021, Signed
Summary: Property tax, installment payments
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/16/2020 House Prefiled 12/16/2020 House Referred to Committee on Ways and Means 1/12/2021 House Introduced and read first time (House Journal-page 207) 1/12/2021 House Referred to Committee on Ways and Means (House Journal-page 207) 1/13/2021 House Member(s) request name added as sponsor: Pendarvis 2/25/2021 House Member(s) request name added as sponsor: J.Moore, Henegan 3/9/2021 House Member(s) request name added as sponsor: Wetmore 3/17/2021 House Member(s) request name added as sponsor: Weeks 3/18/2021 House Committee report: Favorable Ways and Means (House Journal-page 42) 3/19/2021 Scrivener's error corrected 4/6/2021 House Member(s) request name added as sponsor: Wheeler, Henderson-Myers 4/6/2021 House Read second time (House Journal-page 87) 4/6/2021 House Roll call Yeas-110 Nays-0 (House Journal-page 87) 4/7/2021 House Read third time and sent to Senate (House Journal-page 14) 4/7/2021 Senate Introduced and read first time (Senate Journal-page 5) 4/7/2021 Senate Referred to Committee on Finance (Senate Journal-page 5) 5/5/2021 Senate Committee report: Favorable Finance (Senate Journal-page 9) 5/6/2021 Senate Read second time (Senate Journal-page 43) 5/6/2021 Senate Roll call Ayes-45 Nays-0 (Senate Journal-page 43) 5/11/2021 Senate Read third time and enrolled (Senate Journal-page 14) 5/13/2021 Ratified R 85 5/17/2021 Signed By Governor 6/1/2021 Effective date 05/17/21 6/1/2021 Act No. 69
View the latest legislative information at the website
VERSIONS OF THIS BILL
(A69, R85, H3482)
AN ACT TO AMEND SECTION 12-45-75, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSTALLMENT PAYMENTS OF PROPERTY TAX, SO AS TO AUTHORIZE A COUNTY TO ESTABLISH AN ALTERNATIVE PAYMENT SCHEDULE.
Be it enacted by the General Assembly of the State of South Carolina:
Property tax installment payment schedule
SECTION 1. Section 12-45-75(B) of the 1976 Code is amended to read:
"(B)(1) An installment payment is based on the total property tax due for the previous property tax year, after applying all applicable credits and adjustments reflecting reduced value as determined by the county assessor. An amount equal to sixteen and two-thirds percent of the estimated property tax obligation must be paid to the county treasurer in each of five installments according to the following schedule:
In the case of the following estimates, the due date is on or before:
First February 15
Second April 15
Third June 15
Fourth August 15
Fifth October 15
The remaining balance is due on or before January fifteenth of the following taxable year in accordance with Section 12-45-70. The treasurer must notify the county auditor of the amount of a property owner's payments received no earlier than October fifteenth and no later than November fifteenth. A notice of the remaining tax due and other authorized charges and information must then be prepared and mailed to the property owner.
(2) As an alternative to the scheduling provided for in item (1), the authorizing ordinance may provide the treasurer, tax collector, or other official charged with the collection of ad valorem property taxes in a county with the discretion in the scheduling and collection of installment payments from taxpayers as well as in the application process provided for in subsection (A)(2)."
SECTION 2. This act takes effect upon approval by the Governor.
Ratified the 13th day of May, 2021.
Approved the 17th day of May, 2021.
This web page was last updated on June 14, 2021 at 9:19 AM