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S 0437 - Allows the four percent property tax rate on certain properties

Tracking Level: Passed
Sponsor: Raymond E. Cleary III
Last Action: 6/26/2014 - Act No. 259
Senate Committee: Fin
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

05.14.2014 The House Ways and Means committee gave this bill a favorable report as amended by the subcommittee.
03.19.2013 The Senate Finance committee gave this bill a favorable report with an amendment. The amendment changes the date to tax year 2013.
03.05.2013 The Senate Finance Property Taxation subcommittee gave this bill a favorable report with an amendment. The amendment requires both state and federal tax returns.
Summary of the bill as introduced: Allows the owner-occupant of residential property to receive the four percent assessment ratio if the owner is otherwise qualified and the residence is not rented for more than 100 days a year.
  

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

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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