S.C. Code § 4-10-65

Current through 2024 Act No. 225.
Section 4-10-65 - Local option tax revenues not identified as to unit must go to local option supplemental revenue fund

Funds collected by the department from the local option sales tax which are not identified as to the governmental unit due the tax, and cannot be so identified after a reasonable effort by the department to determine the appropriate governmental unit, must be deposited to a local option supplemental revenue fund. These funds must be distributed in accordance with Section 4-10-60 to those counties generating less than the minimum distribution.

S.C. Code § 4-10-65

1999 Act No. 93, Section 1, eff 6/11/1999; 1993 Act No. 164, Part II, Section 99, eff 6/21/1993.