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H 4762 - Revises the limitation on certain millage rate increases

Tracking Level: Passed
Sponsor: Michael Anthony
Last Action: 6/21/2016 - Act No. 276
House Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

05.17.2016 The Senate Finance Committee gave this bill a favorable report.
05.17.2016 The Senate Finance Property Tax subcommittee gave this bill a favorable report.
04.19.2016 The House Ways and Means Committee gave this bill a favorable report.
04.13.2016 The House Ways and Means Revenue Policy subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Revises the limitation on millage rate increases for the purchase of capital equipment and other expenditures in a county with a population of less than 100,000 people and has at least 40,000 acres of state or national forest land.


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Session 121 - (2015-2016)Printer Friendly
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H*4762 (Rat #0268, Act #0276 of 2016) General Bill, By Anthony, Yow and W.J. McLeod
Summary: Millage rate increase limits and exceptions
    AN ACT TO AMEND SECTION 6-1-320, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIMITATION ON MILLAGE RATE INCREASES AND EXCEPTIONS TO THIS LIMITATION, SO AS TO REVISE THE EXCEPTION TO THIS LIMITATION FOR THE PURCHASE OF CAPITAL EQUIPMENT AND OTHER EXPENDITURES IN A COUNTY HAVING A POPULATION OF LESS THAN ONE HUNDRED THOUSAND PERSONS AND HAVING AT LEAST FORTY THOUSAND ACRES OF STATE FOREST LAND BY CHANGING THE TERM "STATE FOREST LAND" IN THIS EXCEPTION TO THE TERM "STATE OR NATIONAL FOREST LAND". - ratified title
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01/27/16House Introduced and read first time (House Journal-page 83)
01/27/16House Referred to Committee on Ways and Means (House Journal-page 83)
04/14/16House Member(s) request name added as sponsor: Yow
04/20/16House Committee report: Favorable Ways and Means (House Journal-page 353)
04/21/16House Member(s) request name added as sponsor: W.J.McLeod
04/21/16 Scrivener's error corrected
04/26/16House Read second time (House Journal-page 45)
04/26/16House Roll call Yeas-101 Nays-0 (House Journal-page 46)
04/27/16House Read third time and sent to Senate (House Journal-page 16)
04/28/16Senate Introduced and read first time (Senate Journal-page 9)
04/28/16Senate Referred to Committee on Finance (Senate Journal-page 9)
05/18/16Senate Committee report: Favorable Finance (Senate Journal-page 17)
05/19/16 Scrivener's error corrected
05/24/16Senate Read second time (Senate Journal-page 63)
05/24/16Senate Roll call Ayes-40 Nays-2 (Senate Journal-page 63)
05/26/16Senate Read third time and enrolled (Senate Journal-page 18)
06/02/16 Ratified R 268
06/06/16 Vetoed by Governor
06/15/16House Veto overridden by originating body Yeas-95 Nays-3 (House Journal-page 38)
06/15/16Senate Veto overridden Ayes-33 Nays-7 (Senate Journal-page 44)
06/21/16 Effective date 06/15/16
06/21/16 Act No. 276



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