2001-2002 Bill 271: Property Tax Valuations, Special Reassessment When Nearby Water Pollutants

BIL: 271

TYP: General Bill GB

INB: Senate

IND: 20010206

PSP: Wilson

SPO: Wilson, Giese, Setzler

DDN: l:\council\bills\bbm\9858htc01.doc

CBN: 3428

RBY: House

COM: Ways and Means Committee 30 HWM

LAD: 20010313

SUB: Property tax valuations, special reassessment when nearby water pollutants lower value and owner unaware

HST:

Body Date Action Description Com Leg Involved

______

House 20010314 Introduced, read first time, 30 HWM

referred to Committee

Senate 20010313 Amended, read third time,

sent to House

Senate 20010308 Read second time, notice of

general amendments

Senate 20010308 Committee amendment adopted

Senate 20010308 Co-Sponsor added by Senator Setzler

Senate 20010307 Committee report: Favorable with 06 SF

amendment

------20010214 Companion Bill No. 3428

Senate 20010206 Introduced, read first time, 06 SF

referred to Committee

Versions of This Bill

Revised on 20010307

Revised on 20010308

Revised on 20010313

TXT:

Indicates Matter Stricken

Indicates New Matter

AS PASSED BY THE SENATE

March 13, 2001

S.271

Introduced by Senators Wilson, Giese and Setzler

S. Printed 3/13/01--S.

Read the first time February 6, 2001.

[271-1]

A BILL

TO AMEND SECTION 12-60-2510, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX ASSESSMENT NOTICES, SO AS TO PROVIDE THAT IN YEARS WHERE THERE IS NO NOTICE OF PROPERTY TAX ASSESSMENT, THE TAXPAYER MUST GIVE THE ASSESSOR WRITTEN NOTICE OF AN OBJECTION ON OR BEFORE MAY FIRST RATHER THAN MARCH FIRST.

Amend Title To Conform

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

SECTION 1. Section 12602510(A)(4) of the 1976 Code is amended to read:

“(4) In years when there is no notice of property tax assessment, the property taxpayer must, by March May first, give the assessor written notice of objection to one or more of the following: the fair market value, the special use value, the assessment ratio, and the property tax assessment. The failure to serve written notice of objection by March May first is a waiver of the taxpayer’s right of protest for that tax year, and the assessor may not review any request filed after March May first.”

SECTION 2. This act takes effect upon approval by the Governor and applies for property tax years beginning after 2000.

[271] 1