Referendum Text
QUESTION 1
Must a one percent (1%) sales and use tax be levied in Georgetown County for the purpose of allowing a credit against a taxpayer's county and municipal ad valorem tax liability and for the purpose of funding county and municipal operations in the Georgetown County area?
[ ] YES
[ ] NO
INSTRUCTIONS TO VOTERS:
All qualified electors desiring to vote in favor of imposing the tax to allow for credit against a taxpayer's county and municipal ad valorem tax liability and for the purpose of funding county and municipal operations in Georgetown County shall vote "YES," and all qualified electors opposed to imposing the tax shall vote "NO."
CONDITIONS AND RESTRICTIONS ON THE USE OF TAX REVENUE COLLECTED FROM THE LOCAL OPTION SALES AND USE TAX:
If approved, the total revenue collected shall be applied as a credit against the payment of any costs charged by the South Carolina Department of Revenue in connection with the collection and administration of such tax, then for the purpose of funding county and municipal operations, and against a taxpayer’s county and municipal ad valorem tax liability.
Explanation:
The purpose of the Referendum is to allow the qualified electors of Georgetown County to determine whether or not a one percent sales and use tax should be levied in Georgetown County for the purpose of allowing a credit against a taxpayer's county and municipal ad valorem tax liability (property taxes) and for the purpose of funding county and municipal operations in the Georgetown County area.
If this sales and use tax is approved, State law provides that 71% of the revenue received by a county and municipality may be used to provide a credit against the property tax liability of taxpayers in the county and municipality and that 29% may be used specifically for the purpose of funding county and municipal operations in the Georgetown County area.