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H 4998 -	Reduces commercial property tax rates

Tracking Level:

Of Interest

Sponsor:

Stringer

Last Action:

3/16/2012 - Scrivener's error corrected

House Committee:

Assigned To:

Finance/Revenue/Taxes	Next Bill
Property Taxes	Next 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 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 assessment ratio on commercial and other applicable real property from six to five percent of value.

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