Senate Amendment 16
H 4300 - Session 125 (2023-2024)
Appropriations Bill, 2023-2024
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S E N A T E A M E N D M E N T

  AMENDMENT NO. _____  

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CREATEDATE \@ "MMMM d, yyyy" \* MERGEFORMAT April 19, 2023

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Clerk of the Senate

  ADOPTION NO. _____  

BILL NO: H.4300  (Reference is to Printer's Date 04/18/23-S.)

04572000 

 Senator SENN proposes the following amendment (AM SHORT TERM RENTALS):

 Amend the bill, as and if amended, Part IB, Section 113, AID TO SUBDIVISIONS- STATE TREASURER, page 483, after line 17, by adding an appropriately numbered new proviso to read:

/ (AS-TREAS: Short-term Rentals Prohibition) A political subdivision that receives money pursuant to this act may not expend any funds, regardless of the source of funds, to enact or enforce an ordinance that prohibits short-term rentals at properties assessed at the 6% rate. The State Treasurer shall withhold the political subdivision's portion of the Local Government Fund if a political subdivision violates this provision or enacts any such ordinance. For purposes of this provision, "short-term rental" means any individually or collectively owned residential house or dwelling unit or group of units that is rented wholly or partially for residential use for any period of time greater than three consecutive days. The provisions of this proviso only apply to municipalities with a population between 1,800 and 4,400 people per the most recent U.S. Census Bureau population estimates as of July 1, 2023, which are located within counties having accommodations tax revenue above $18 million, but less than $20 million per most recent S.C. Department of Revenue reporting as of July 1, 2023. /

Amend sections, totals and title to conform.