Bill Text: SC H4954 | 2011-2012 | 119th General Assembly | Introduced

South Carolina House Bill 4954 (Prior Session Legislation)

Introduced

Bill Title: Hospitality tax

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2012-03-06 - Referred to Committee on Ways and Means [H4954 Detail]

Download: South_Carolina-2011-H4954-Introduced.html

A BILL

TO AMEND SECTION 6-1-730, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE USE OF REVENUE FROM THE LOCAL HOSPITALITY TAX, SO AS TO PROVIDE THAT IN ANY FISCAL YEAR IN WHICH REVENUE IS EXPENDED FOR TOURISM-RELATED CULTURAL, RECREATIONAL, OR HISTORIC FACILITIES, AT LEAST TWENTY-FIVE PERCENT OF THOSE EXPENDITURES MUST BE SPENT ON AFRICAN-AMERICAN CULTURAL FACILITIES.

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

SECTION 1. Section 6-1-730 of the 1976 Code, as last amended by Act 290 of 2010, is further amended by adding an appropriately lettered subsection at the end to read:

"( ) In any fiscal year where a local governing body expends revenue generated by the hospitality tax pursuant to subsection (A)(2), at least twenty-five percent of the revenue expended pursuant to subsection (A)(2) in the fiscal year must be spent on African-American cultural facilities and the support thereof pursuant to the additional purposes provided in subsection (B)(1)."

SECTION 2. This act takes effect July 1, 2012.