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S 0433 -	Revises the index of taxpaying ability calculation

Tracking Level:

Of Interest

Sponsor:

Hayes

Last Action:

3/15/2011 - Committed to Committee on Finance

Senate Committee:

Assigned To:

Staff Analysis of the Legislation
03.24.11 The Senate Finance Public Education subcommittee met but did not take action on the bill. Summary of the bill as introduced: Revises the method of calculating the index of taxpaying ability for FY 2011-2012, FY 2012-2013 and FY 2013-2014 by imputing an index value for owner-occupied residential property assessed at four percent.

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

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