Current Status Introducing Body:
SenateBill Number: 279Primary Sponsor: CorkCommittee Number: 06Type of Legislation: GBSubject: Sales tax, additional; tourism-related expendituresResiding Body: SenateCurrent Committee: FinanceComputer Document Number: JIC/5237HC.93Introduced Date: 19930126Last History Body: SenateLast History Date: 19930126Last History Type: Introduced, read first time, referred to CommitteeScope of Legislation: StatewideAll Sponsors: CorkType of Legislation: General Bill
Bill Body Date Action Description CMN Leg Involved ____ ______ ____________ ______________________________ ___ ____________ 279 Senate 19930126 Introduced, read first time, 06 referred to CommitteeView additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-36-925 SO AS TO ALLOW MUNICIPALITIES TO IMPOSE AN ADDITIONAL SALES TAX NOT EXCEEDING TWO PERCENT ON ACCOMMODATIONS FOR TRANSIENTS AND TO PROVIDE THAT THE REVENUE FROM THIS ADDITIONAL TAX MUST BE REMITTED TO THE MUNICIPALITY AND MUST BE USED FOR "TOURISM-RELATED EXPENDITURES".
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 9, Chapter 36, Title 12 of the 1976 Code is amended by adding:
"Section 12-36-925. (A) A municipality may by ordinance impose a sales tax not to exceed two percent on accommodations for transients in addition to the tax imposed pursuant to Section 12-36-920(A). The tax must be levied in increments of not less than one-half of one percent. This tax must be paid, collected, and enforced in the same manner as the tax levied pursuant to Section 12-36-920(A).
(B) The revenue from the tax must be remitted by the State Treasurer to the municipality imposing the tax which must use the revenues for `tourism-related expenditures' as provided in Section 6-4-10(4)(b).
(C) The governing body of the municipality shall forward to the South Carolina Tax Commission a certified copy of the imposition ordinance and the tax is imposed beginning on the first day of the fourth month following the commission's receipt of the certified ordinance. Changes in the rate of the tax or repeal of the tax must be made by ordinance and similarly forwarded to the commission and these changes or a repeal take effect in the same manner that the imposition takes effect."
SECTION 2. This act takes effect upon approval by the Governor.