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H 4943 - Allow for the use of revenues from any impact fees to pay down indebtedness for system improvements

Tracking Level: Of Interest
Sponsor: Raye Felder (R)
Last Action: 2/8/2022 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation
Summary of the bill as introduced: Allow for the use of revenues from any impact fees that existed before 1999 to pay down indebtedness for system improvements.

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
H 4943 General Bill, By Felder, Simrill, King, B. Newton, McGarry, Pope and Ligon
Summary: Impact fees
    A 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.
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02/08/22House Introduced and read first time (House Journal-page 34)
02/08/22House Referred to Committee on Ways and Means (House Journal-page 34)


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