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S 0406 - Increases the gas tax and provides an income tax credit

Tracking Level: Of Interest
Sponsor: Paul Thurmond
Last Action: 2/10/2015 - Scrivener's error corrected
Senate Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

03.24.2015 The Senate Finance Transportation Funding Special subcommittee did not take action on this bill although it was on the agenda.   
03.17.2015 The Senate Finance Transportation Funding Special subcommittee did not take action on this bill although it was on the agenda.   
03.10.2015 The Senate Finance Transportation Funding Special subcommittee did not take action on this bill although it was on the agenda. 
03.03.2015 The Senate Finance Transportation Funding Special subcommittee did not take action on this bill although it was on the agenda. 
02.12.2015 The Senate Finance Transportation Funding subcommittee did not take action on this bill although it was on the agenda.
Summary of the bill as introduced: Directs the State Fiscal Accountability Authority to establish a motor fuel surcharge and provide for a refundable income tax credit for taxpayers who pay the motor fuel surcharge.

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