The bill H. 3165 aims to amend various sections of the South Carolina Code of Laws concerning development impact fees and local planning processes. It introduces a new requirement for counties to report residential development plans to adjacent cities on a monthly basis if they fall within a one-mile radius. Additionally, it mandates that municipalities notify the county of any territory annexation before the first reading of the proposed annexation. The bill also modifies definitions related to public facilities and system improvement costs, revises the procedures for passing ordinances related to development impact fees, and updates the requirements for capital improvements plans, including public notice and content specifications.

Furthermore, the bill extends the period for refunding unexpended impact fee funds from three years to seven years. It emphasizes the need for governmental entities to prepare annual reports on impact fees collected and spent, and it outlines the necessary components of capital improvements plans, including existing deficiencies and projected demands for system improvements. The changes aim to enhance transparency and accountability in the planning and funding of public facilities in relation to new developments.

Statutes affected:
12/05/2024: 6-29-550, 5-3-90, 6-1-920, 6-1-930, 6-1-960, 6-1-1020
Latest Version: 6-29-550, 5-3-90, 6-1-920, 6-1-930, 6-1-960, 6-1-1020