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S 0856 - Lessons the restrictions on impact fees

Tracking Level: Priority
Sponsor: Thomas Davis (R)
Last Action: 1/9/2024 - Senate - Referred to Committee on Finance
Senate Committee: Fin
Assigned To:
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Staff Analysis of the Legislation

Summary of the bill as introduced: Broadens the definition and lessons the restrictions on the use of impact fees.

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Session 125 - (2023-2024)Printer Friendly
(pdf format)
S 0856 General Bill, By Davis
Similar (H 4981)
Summary: Development Impact Fee
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-1-920, RELATING TO DEFINITIONS PERTAINING TO DEVELOPMENT IMPACT FEES, SO AS TO MODIFY DEFINITIONS; BY AMENDING SECTION 6-1-930, RELATING TO DEVELOPMENTAL IMPACT FEES, SO AS TO PROVIDE THAT SYSTEM IMPROVEMENT COSTS DO NOT INCLUDE REPAIR, OPERATION, OR MAINTENANCE OF EXISTING OR NEW CAPITAL IMPROVEMENTS OR ADMINISTRATIVE AND OPERATING COSTS OF THE RELATED GOVERNMENTAL ENTITY; BY AMENDING SECTION 6-1-960, RELATING TO THE RECOMMENDED CAPITAL IMPROVEMENTS PLAN, SO AS TO MODIFY THE CIRCULATION AND PREPARATION REQUIREMENTS OF THE PLAN; AND BY AMENDING SECTION 6-1-1020, RELATING TO REFUNDS OF IMPACT FEES, SO AS TO PROVIDE THAT IMPACT FEES THAT HAVE NOT BEEN EXPENDED WITHIN SEVEN YEARS OF THE DATE THEY WERE SCHEDULED TO BE EXPENDED MUST BE REFUNDED TO THE OWNER OF RECORD OF PROPERTY ON WHICH A DEVELOPMENT IMPACT FEE HAS BEEN PAID.
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11/30/23Senate Prefiled
11/30/23Senate Referred to Committee on Finance
01/09/24Senate Introduced and read first time (Senate Journal-page 60)
01/09/24Senate Referred to Committee on Finance (Senate Journal-page 60)



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