South Carolina Statutes
§ 11-11-157 — Reallocation of local option sales tax.
South Carolina § 11-11-157
This text of South Carolina § 11-11-157 (Reallocation of local option sales tax.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 11-11-157 (2026).
Text
Beginning June 1, 2007, funds derived from a one percent local option sales tax imposed in a county which are used to reduce ad valorem property taxes imposed on owner-occupied residential property for school operating purposes must be thereafter applied on a pro rata basis to reduce ad valorem property taxes levied for other purposes as the county governing body shall provide.
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Legislative History
HISTORY: 2006 Act No. 388, Part II, SECTION 3(B).
Nearby Sections
15
§ 11-11-10
Duties of Executive Budget Office and Revenue and Fiscal Affairs Office, and Department of Revenue.§ 11-11-100
General Assembly may amend budget bill.§ 11-11-155
Homestead Exemption Fund established.§ 11-11-157
Reallocation of local option sales tax.§ 11-11-160
Transfers of appropriations; reduction of authorized spending when receipts less than estimated.§ 11-11-180
Declaration of operating deficit; meeting to address deficit; borrowing of surpluses authorized.§ 11-11-190
Transfer of funds to offset deficits.§ 11-11-20
Information to be secured by Governor.§ 11-11-220
Contingency Reserve Fund established.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 11-11-157, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/11/11-11-157.