Session 117  -  (2007-2008)

H*4470(Rat #0385, Act #0357 of 2008)  General Bill, By Harrell, Leach, Cato, 
Hagood, Hamilton, Harrison, Limehouse, Merrill, Scarborough, W.D. Smith, 
Stavrinakis, Walker, Young, Gambrell, Haley, Bedingfield, Mahaffey, Cotty, 
McLeod, Owens, Rice, Bowen, Viers and Shoopman
 AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION
 58-5-390 SO AS TO PROVIDE THAT A PUBLIC OR PRIVATE UTILITY MAY NOT IMPOSE A
 TAP FEE, RECURRING MAINTENANCE FEE, OR OTHER FEE, HOWEVER DESCRIBED FOR THE
 INSTALLATION AND MAINTENANCE OF A FIRE SPRINKLER SYSTEM THAT EXCEEDS THE
 ACTUAL COSTS ASSOCIATED WITH THE WATER LINE TO THE SYSTEM AND TO DEFINE ACTUAL
 COSTS; BY ADDING SECTION 12-6-3622 SO AS TO ALLOW A PROPERTY TAX CREDIT, AT
 THE OPTION OF THE PROPERTY-TAXING ENTITY FOR TWENTY-FIVE PERCENT OF THE COSTS
 OF INSTALLING A FIRE SPRINKLER SYSTEM IN A COMMERCIAL OR RESIDENTIAL STRUCTURE
 WHEN SUCH INSTALLATION IS NOT REQUIRED BY LAW, TO ALLOW AN INCOME TAX CREDIT
 IN THE AMOUNT OF THE PROPERTY TAX CREDIT, TO PROVIDE THE MANNER IN WHICH THESE
 CREDITS ARE USED WHEN EARNED BY PASS-THROUGH ENTITIES, AND TO MAKE UNUSED
 CREDITS TRANSFERABLE BY THE STRUCTURE'S OWNER TO A TENANT; TO AMEND SECTION
 12-37-3130, AS AMENDED, RELATING TO DEFINITIONS FOR PURPOSES OF THE SOUTH
 CAROLINA REAL PROPERTY VALUATION REFORM ACT, SO AS TO PROVIDE THAT THE
 INSTALLATION OF A FIRE SPRINKLER SYSTEM IN A COMMERCIAL OR RESIDENTIAL
 STRUCTURE WHEN THE INSTALLATION IS NOT REQUIRED BY LAW IS NOT AN ADDITION OR
 IMPROVEMENT; BY ADDING SECTION 10-1-80 SO AS TO PROHIBIT ENFORCEMENT OF THAT
 PORTION OF THE INTERNATIONAL FIRE CODE OR NATIONALLY RECOGNIZED FIRE CODE THAT
 PROHIBITS THE USE OF NATURAL CUT TREES IN CELEBRATIONS IN HOUSES OF WORSHIP;
 AND TO AMEND SECTION 12-37-220, AS AMENDED, RELATING TO PROPERTY TAX
 EXEMPTIONS, SO AS TO EXEMPT THE VALUE OF FIRE SPRINKLER SYSTEM EQUIPMENT
 INSTALLED IN A COMMERCIAL OR RESIDENTIAL STRUCTURE WHEN THE INSTALLATION IS
 NOT REQUIRED BY LAW AND TO PROVIDE THAT THIS EXEMPTION APPLIES UNTIL THE
 PROPERTY UNDERGOES AN ASSESSABLE TRANSFER OF INTEREST. - ratified title
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   01/15/08  House  Introduced and read first time HJ-11
   01/15/08  House  Referred to Committee on Ways and Means HJ-11
   01/16/08  House  Member(s) request name added as sponsor: Gambrell
   01/22/08  House  Member(s) request name added as sponsor: Haley,
                     Bedingfield, Mahaffey, Cotty, McLeod
   01/23/08  House  Member(s) request name added as sponsor: Owens,
                     Rice, Bowen
   02/12/08  House  Member(s) request name added as sponsor: Viers
   02/12/08  House  Committee report: Favorable with amendment Ways
                     and Means HJ-2
   02/14/08  House  Member(s) request name added as sponsor: Shoopman
   02/14/08  House  Amended HJ-16
   02/14/08  House  Read second time HJ-19
   02/14/08  House  Unanimous consent for third reading on next
                     legislative day HJ-19
   02/15/08  House  Read third time and sent to Senate HJ-1
   02/15/08         Scrivener's error corrected
   02/19/08  Senate Introduced and read first time SJ-5
   02/19/08  Senate Referred to Committee on Finance SJ-5
   05/28/08  Senate Committee report: Favorable with amendment
                     Finance SJ-15
   05/29/08  Senate Committee Amendment Amended and Adopted SJ-186
   05/29/08  Senate Amended SJ-186
   05/29/08  Senate Read second time SJ-186
   05/29/08  Senate Unanimous consent for third reading on next
                     legislative day SJ-186
   05/30/08         Scrivener's error corrected
   05/30/08  Senate Read third time and returned to House with
                     amendments SJ-1
   06/03/08  House  Concurred in Senate amendment and enrolled HJ-14
   06/05/08         Ratified R 385
   06/11/08         Vetoed by Governor
   06/25/08  House  Veto overridden by originating body Yeas-109  Nays-0
   06/25/08  Senate Veto overridden Yeas-43  Nays-0
   07/10/08         Copies available
   07/10/08         Effective date See Act for Effective Date
   07/14/08         Act No. 357