Amendment No. 178 - Property Tax Credits for Schools - South Carolina Key Vote

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Title: Property Tax Credits for Schools

Vote Smart's Synopsis:

Vote to table an amendment that strikes an income tax reduction and credits money to school districts.

Highlights:

- Strikes a provision that reduces the top marginal tax rate from 7 percent to 6.83 percent. - Establishes the Six Percent Property Tax Credit Fund, to which $80.98 million must be credited for the purpose of providing school districts with a property tax credit.

NOTE: A LEGISLATOR MAY MOVE TO TABLE ANY PENDING LEGISLATION, THUS HALTING FURTHER CONSIDERATION. A "YEA" VOTE IS IN SUPPORT OF HALTING FURTHER CONSIDERATION, AND A "NAY" VOTE IS IN SUPPORT OF FURTHER CONSIDERATION. TABLING MOTIONS ARE OFTEN USED TO KILL LEGISLATION.

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