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H. 4943
STATUS INFORMATION
General Bill
Sponsors: Reps. Felder, Simrill, King, B. Newton, McGarry, Pope and Ligon
Document Path: l:\council\bills\nbd\11325dg22.docx
Introduced in the House on February 8, 2022
Currently residing in the House Committee on Ways and Means
Summary: Impact fees
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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2/8/2022 House Introduced and read first time (House Journal-page 34)
2/8/2022 House Referred to Committee on Ways and Means
(House Journal-page 34)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 6-1-1060, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE APPLICATION OF IMPACT FEES THAT EXISTED BEFORE 1999, SO AS TO ALLOW FOR THE USE OF REVENUES FROM ANY IMPACT FEES TO PAY DOWN INDEBTEDNESS FOR SYSTEM IMPROVEMENTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 6-1-1060 of the 1976 Code is amended by adding an appropriately lettered subsection to read:
"( ) Notwithstanding any other provision of this article, any governmental entity or school district that had an existing law to which this section applied, may use the revenues from any impact fee imposed pursuant to this article to pay down indebtedness associated with system improvements made under any such imposition. A governmental entity may not prevent any such school district from using the revenues to pay down such indebtedness."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
February 9, 2022 at 9:10 AM