Current Status Introducing Body:
SenateBill Number: 277Primary Sponsor: WilsonCommittee Number: 30Type of Legislation: GBSubject: Documentary stamp taxResiding Body: HouseCurrent Committee: Ways and MeansComputer Document Number: JIC/5222HC.93Introduced Date: 19930126Date of Last Amendment: 19940120Last History Body: HouseLast History Date: 19940126Last History Type: Introduced, read first time, referred to CommitteeScope of Legislation: StatewideAll Sponsors: Wilson Stilwell Bryan SetzlerType of Legislation: General Bill
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 CommitteeView additional legislative information at the LPITS web site.
COMMITTEE AMENDMENT ADOPTED
January 20, 1994
Introduced by SENATORS Wilson, Stilwell, Bryan and Setzler
S. Printed 1/20/94--S.
Read the first time January 26, 1993.
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.