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SC H4622

Bill

Status

Introduced

2/24/2010

Primary Sponsor

Paul Agnew

Click for details

Origin

House of Representatives

118th General Assembly

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

Committee Referrals

Ways and Means2/24/2010

Full Bill Text

No bill text available