Home/South Carolina/Statutes/Title 12: TAXATION/Ch. 44: FEE IN LIEU OF TAX SIMPLIFICATION ACT/§ 12-44-10
South Carolina Statutes

§ 12-44-10 — Short title.

South Carolina § 12-44-10
JurisdictionSouth Carolina
Title 12TAXATION
Ch. 44FEE IN LIEU OF TAX SIMPLIFICATION ACT

This text of South Carolina § 12-44-10 (Short title.) 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. § 12-44-10 (2026).

Text

This act may be cited as the "Fee in Lieu of Tax Simplification Act".

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Legislative History

HISTORY: 1997 Act No. 149, SECTION 1; 2003 Act No. 69, SECTION 3.AAA.1, eff January 1, 2003; 2007 Act No. 116, SECTION 7.D, eff June 28, 2007. Editor's Note 2003 Act No. 69, SECTION 3.AAA.2, provides in part as follows: "For those projects that have been granted a two-year extension of time to complete the project and the two-year period has expired, the sponsor may request an additional three years to complete the project notwithstanding the provisions of Section 4-12-30(C)(2)".

Nearby Sections

15
§ 12-44-10
Short title.
§ 12-44-100
Sponsor committed to enhanced investment to continue to benefit from this chapter despite failure to make required investment where minimum investment met; assessment ratio.
§ 12-44-110
Property previously subject to state property taxes not qualified to be economic development property; exceptions.
§ 12-44-120
Transfers of interest in fee agreement and economic development property; sale-leaseback arrangement; requirements.
§ 12-44-130
Minimum investment to qualify for fee; notice to department of all sponsors or sponsor affiliates with investments subject to fee.
§ 12-44-140
Termination of fee agreement; automatic termination; minimum level of investment required to remain qualified for fee.
§ 12-44-150
Projects to be taxable property at level of negotiated payments for purposes of bonded indebtedness and for computing index of taxpaying ability.
§ 12-44-160
Transfer of title; qualification for a fee in lieu of taxes.
§ 12-44-170
Economic development property; transfer of property to fee arrangement provided for by this chapter.
§ 12-44-20
Legislative findings.
§ 12-44-30
Definitions.
§ 12-44-40
Fee agreement; economic development property to be exempt from ad valorem taxation; exemption period; inducement resolution; location of exempt property; criteria to qualify as economic development property.
§ 12-44-50
Contents of fee agreement; disposal of economic development property; reduction of fee.
§ 12-44-55
Agreements; content requirements.
§ 12-44-60
Replacement property; qualifications and conditions.
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Bluebook (online)
South Carolina § 12-44-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/44/12-44-10.