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.
HISTORY: 2005 Act No. 145, Section 4.A, eff June 7, 2005.
Structure South Carolina Code of Laws
Chapter 55 - Overdue Tax Debt Collection Act
Section 12-55-10. Citation of chapter.
Section 12-55-20. Findings and intent.
Section 12-55-30. Definitions.
Section 12-55-40. Imposition of collection assistance fees; notice.
Section 12-55-50. Collection assistance fee; collection; waiver.
Section 12-55-60. Collection assistance fee; amount.