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S 0012 - Allows an exemption from all property taxes if the owner is at least 75 years old

Tracking Level: Of Interest
Sponsor: Darrell Jackson (D)
Last Action: 1/12/2021 - 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: Allows an exemption from all property taxes of an owner-occupied residence if the owner is at least 75 years old.

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
S 0012 General Bill, By Jackson
Summary: Property tax exemption
    A BILL TO AMEND SECTION 12-37-220, AS AMENDED, 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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12/09/20Senate Prefiled
12/09/20Senate Referred to Committee on Finance
01/12/21Senate Introduced and read first time (Senate Journal-page 93)
01/12/21Senate Referred to Committee on Finance (Senate Journal-page 93)


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