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 Ann. § 4-10-65
Local option tax revenues not identified as to unit must go to local option supplemental revenue fund
1993 Act No. 164, Part II, SECTION 99, eff June 21, 1993; 1999 Act No. 93, SECTION 1, eff June 11, 1999.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.