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H 3343 -	Requires the General Assembly to define fair market value

Tracking Level:

Of Interest

Sponsor:

Last Action:

1/16/2013 - House - Referred to Committee on Ways and Means

House Committee:

Assigned To:

Staff Analysis of the Legislation
Summary of the bill as introduced: Requires the General Assembly to provide a definition of "fair market value" for purposes of the property tax. This bill also eliminates the 15 percent value cap on property and ATI.

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