South Carolina House Bill 3111 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2013 - 25% progression, died in committee
Action: 2013-01-08 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Provide For The Exemption Of A Portion Of The Fair Market Value Of All Real Property Associated With A Facility For The Generation Of Electric Power Placed Into Service After The Effective Date Of This Section And To Subject The Remaining Portion To A State Property Tax And Provide For Its Distribution Among The Political Subdivisions Of This State, With An Aggregate Annual Cap On Distribution To A County And School Districts And Municipalities Therein Of Twenty Million Dollars And To Provide That Amounts Over The Aggregate County Cap Must Be Distributed To The County And School Districts And Municipalities Therein In Which The Facility Is Located.

Property tax exemptions

Rep. William Clyburn [D]

Date	Chamber	Action
2013-01-08	House	Referred to Committee on Ways and Means
2013-01-08	House	Introduced and read first time
2012-12-11	House	Referred to Committee on Ways and Means
2012-12-11	House	Prefiled

Chapter	Article	Section	Citation Type	Statute Text
12	37	221	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3111&session=120&summary=B
Text	https://www.scstatehouse.gov/sess120_2013-2014/prever/3111_20121211.htm