South Carolina General Assembly
110th Session, 1993-1994

Bill 277


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Introducing Body:               Senate
Bill Number:                    277
Primary Sponsor:                Wilson
Committee Number:               30
Type of Legislation:            GB
Subject:                        Documentary stamp tax
Residing Body:                  House
Current Committee:              Ways and Means
Computer Document Number:       JIC/5222HC.93
Introduced Date:                19930126    
Date of Last Amendment:         19940120
Last History Body:              House
Last History Date:              19940126
Last History Type:              Introduced, read first time,
                                referred to Committee
Scope of Legislation:           Statewide
All Sponsors:                   Wilson
                                Stilwell
                                Bryan
                                Setzler
Type of Legislation:            General Bill



History


Bill  Body    Date          Action Description              CMN  Leg Involved
____  ______  ____________  ______________________________  ___  ____________

277   House   19940126      Introduced, read first time,    30
                            referred to Committee
277   Senate  19940125      Read third time, sent to House
277   Senate  19940120      Amended, read second time
277   Senate  19940119      Committee Report: Favorable     06
                            with amendment
277   Senate  19930126      Introduced, read first time,    06
                            referred to Committee

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE AMENDMENT ADOPTED

January 20, 1994

S. 277

Introduced by SENATORS Wilson, Stilwell, Bryan and Setzler

S. Printed 1/20/94--S.

Read the first time January 26, 1993.

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-21-385 SO AS TO EXEMPT FROM THE DOCUMENTARY STAMP TAX REAL ESTATE TRANSFERS MADE PURSUANT TO AN ORDER OF THE FAMILY COURT.

Amend Title To Conform

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Article 3, Chapter 21, Title 12 of the 1976 Code is amended by adding:

"Section 12-21-385. Deeds transferring real estate to a spouse or former spouse pursuant to an order of the family court are exempt from the tax imposed pursuant to Section 12-21-380. A clerk of court or register of mesne conveyances may record these deeds without revenue stamps affixed and without penalty."

SECTION 2. This act takes effect on the first day of the third month following approval by the Governor and applies with respect to deeds recorded on or after that date.

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