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S 0428 -	Revises the calculation of rollback millage

Tracking Level:

Of Interest

Sponsor:

Hayes

Last Action:

5/1/2012 - Referred to Committee on Ways and Means

Senate Committee:

Assigned To:

Finance/Revenue/Taxes

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Staff:

Melissa Carter (mcarter@masc.sc)

Staff Analysis of the Legislation

02.22.11 The Senate Finance committee gave this bill a favorable report.
02.15.11 The Senate Finance Property Taxation subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Revises the method of calculating rollback millage. This bill also provides for the imposition of an equivalent millage for municipal property tax when municipal boundaries extend into multiple counties on different reassessment schedules.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc