South Carolina Statutes
§ 12-55-20 — Findings and intent.
The General Assembly finds that the Department of Revenue has documented that the state's cost of collecting overdue tax debts exceeds twenty percent of the cost of collecting overdue debts. The General Assembly further finds that the cost of collecting overdue tax debts is currently borne by taxpayers who pay their taxes on time. It is the intent of the General Assembly by enacting the "Overdue Tax Debt Collection Act" to shift this cost to the delinquent taxpayers who owe overdue tax debts.
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South Carolina § 12-55-20 (Findings and intent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2005 Act No. 145, SECTION 4.A, eff June 7, 2005.
Nearby Sections
9
§ 12-55-10
Citation of chapter.§ 12-55-20
Findings and intent.§ 12-55-30
Definitions.§ 12-55-60
Collection assistance fee; amount.§ 12-55-70
Disposition of proceeds.§ 12-55-90
Collection agencies.