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H 5141 - Municipal Capital Projects Sales Tax Act

Tracking Level: Priority
Sponsor: Bingham
Last Action: 4/19/2012 - Referred to Committee on Ways and Means
House Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill
Sales TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Allows for the imposition of a one percent sales and use tax by referendum in a municipality for eight years for speficially outlined capital projects. The bill also requires that a current hospitality tax be suspended during the period of time of the capital projects sales tax.

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