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H 4993 - Property tax exemptions for manufacturing and business personal property

Tracking Level: Of Interest
Sponsor: Stringer
Last Action: 3/15/2012 - Member(s) request name added as sponsor: Funderburk
House Committee:
Assigned To:
Property TaxesNext Bill
Staff: Melissa Carter (mcarter@masc.sc)

Staff Analysis of the Legislation

04.18.12 The House Ways and Means committee adjourned debate on this bill.
03.26.12 The House Ways and Means committee adjourned debate on this bill.
03.20.12 The House Ways and Means Economic Development, Capital Improvement and Other Taxes subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Reduces the property tax assessment ratio from 10.5 percent to 6 percent over a four year period for industrial property and business personal property.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text









Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc