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H 4818 - Allows a property tax exemption equal to 100% of the value of the owner-occupied residence if the owner is 70 years old

Tracking Level: Of Interest
Sponsor: Shedron Williams
Last Action: 1/14/2020 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation
Summary of the bill as introduced: Allows a property tax exemption equal to 100% of the value of the owner-occupied residence if the owner is 70 years old.

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Session 123 - (2019-2020)Printer Friendly
(pdf format)
H 4818 General Bill, By S. Williams, Pendarvis and Robinson
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.
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12/11/19House Prefiled
12/11/19House Referred to Committee on Ways and Means
01/14/20House Introduced and read first time (House Journal-page 117)
01/14/20House Referred to Committee on Ways and Means (House Journal-page 117)


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