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S 0565 - Exempts 100 percent of all property taxes for homeowners who are 70 years old and who have lived in the home for at least 30 years

Tracking Level: Of Interest
Sponsor: Darrell Jackson (D)
Last Action: 2/26/2019 - Senate - Referred to Committee on Finance
Senate Committee: Fin
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation
Summary of the bill as introduced: Exempts 100 percent of all property taxes for homeowners who are 70 years old and who have lived in the home for at least 30 years.

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Session 123 - (2019-2020)Printer Friendly
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S 0565 General Bill, By Jackson
Similar (H 3207)
Summary: Property tax exemption
    A BILL TO AMEND SECTION 12-37-220, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO ALLOW AN EXEMPTION FROM ALL PROPERTY TAX EQUAL TO ONE HUNDRED PERCENT OF THE VALUE SUBJECT TO TAX OF AN OWNER-OCCUPIED RESIDENCE IF THE OWNER HAS ATTAINED THE AGE OF SEVENTY YEARS AND HAS MADE THE PROPERTY HIS RESIDENCE FOR THIRTY YEARS.
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02/26/19Senate Introduced and read first time (Senate Journal-page 13)
02/26/19Senate Referred to Committee on Finance (Senate Journal-page 13)


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Municipal Association of South Carolina
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