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H 4344 - Exempts from property taxes all property devoted to housing low income residents if the property is owned by an instrumentality of a nonprofit housing corporation

Tracking Level: Of Interest
Sponsor: William Herbkersman (R)
Last Action: 4/2/2019 - House - Member(s) request name added as sponsor: Dillard
House Committee: WM
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Exempts from property taxes all property devoted to housing low income residents if the property is owned by an instrumentality of a nonprofit housing corporation.

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Session 123 - (2019-2020)Printer Friendly
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H 4344 General Bill, By Herbkersman, Cobb-Hunter and Dillard
Similar (H 4675)
Summary: Property tax exemptions
    A BILL TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM PROPERTY TAX, SO AS TO EXEMPT ALL PROPERTY DEVOTED TO HOUSING LOW INCOME RESIDENTS IF THE PROPERTY IS OWNED BY AN INSTRUMENTALITY OF A NONPROFIT HOUSING CORPORATION.
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03/28/19House Introduced and read first time (House Journal-page 46)
03/28/19House Referred to Committee on Ways and Means (House Journal-page 46)
04/02/19House Member(s) request name added as sponsor: Dillard



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