2003-2004 Bill 299: Development Impact Fee Act, Definitions - South Carolina Legislature Online

South Carolina General Assembly

115th Session, 2003-2004

S. 299

STATUS INFORMATION

General Bill

Sponsors: Senator Richardson

Document Path: l:\council\bills\dka\3186dw03.doc

Introduced in the Senate on January 30, 2003

Introduced in the House on March 19, 2003

Currently residing in the House Committee on Ways and Means

Summary: Development Impact Fee Act, definitions

HISTORY OF LEGISLATIVE ACTIONS

DateBodyAction Description with journal page number

1/30/2003SenateIntroduced and read first time SJ3

1/30/2003SenateReferred to Committee on FinanceSJ3

3/12/2003SenateCommittee report: Favorable FinanceSJ12

3/13/2003SenateRead second time SJ15

3/18/2003SenateRead third time and sent to House SJ11

3/19/2003HouseIntroduced and read first time HJ13

3/19/2003HouseReferred to Committee on Ways and MeansHJ13

VERSIONS OF THIS BILL

1/30/2003

3/12/2003

COMMITTEE REPORT

March 12, 2003

S.299

Introduced by Senator Richardson

S. Printed 3/12/03--S.

Read the first time January 30, 2003.

THE COMMITTEE ON FINANCE

To whom was referred a Bill (S.299) to amend Section 6-1-920, Code of Laws of South Carolina, 1976, relating to definitions used in the “South Carolina Development Impact Fee Act”, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HUGH K. LEATHERMAN, SR. for Committee.

STATEMENT OF ESTIMATED FISCAL IMPACT

REVENUE IMPACT 1/

The Office of Economic Research has reviewed the bill and has determined that there is no impact on state or local general fund revenue in FY 2003-04.

Explanation

This bill makes a definitional change to “public facilities” by adding another sub-item. Specifically, this bill adds public parking garages or related facilities to the definition of “public facilities”.

This action in effect allows local governments to spend development impact fees on public parking garages or related facilities. This bill relates to development impact fees which are a local government revenue. The Office of Economic Research has reviewed the bill and has determined that there is no impact on state or local general fund revenue in FY 2003-04.

Approved By:

William C. Gillespie

Board of Economic Advisors

1/ This statement meets the requirement of Section 2-7-71 for a state revenue impact, Section 2-7-76 for a local revenue impact, and Section 6-1-85(B) for an estimate of the shift in local property tax incidence.

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A BILL

TO AMEND SECTION 6-1-920, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS USED IN THE “SOUTH CAROLINA DEVELOPMENT IMPACT FEE ACT”, SO AS TO ADD TO THE DEFINITION OF “PUBLIC FACILITIES”, PUBLIC PARKING GARAGES OR RELATED FACILITIES.

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

SECTION1.Section 6-1-920(18) of the 1976 Code, as added by Act 118 of 1999, is amended by adding:

“(i)public parking garages or related facilities.”

SECTION2.This act takes effect upon approval by the Governor.

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