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SC H4622
Bill
Status
2/24/2010
Primary Sponsor
Paul Agnew
Click for details
AI Summary
Legislative Description
Provide For The Exemption Of A Portion Of The Fair Market Value Of All Real Property Associated With A Facility For The Generation Of Electric Power Placed Into Service After The Effective Date Of This Section And To Subject The Remaining Portion To A State Property Tax And Provide For Its Distribution Among The Political Subdivisions Of This State, With An Aggregate Annual Cap On Distribution To A County And School Districts And Municipalities Therein Of Twenty Million Dollars And To Provide That Amounts Over The Aggregate County Cap Must Be Distributed To The County And School Districts And Municipalities Therein In Which The Facility Is Located.
Last Action
Member(s) request name removed as sponsor: Rice, White
3/3/2010