Section 6-1-550. Local accommodations tax revenue upon annexation.

SC Code § 6-1-550 (2019) (N/A)
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In an area of the county where the county has imposed a local accommodations tax that is annexed by a municipality, the municipality must receive only that portion of the revenue generated in excess of the county local accommodations tax revenue for the previous twelve months in the area annexed.

HISTORY: 1997 Act No. 138, Section 8.