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H 4367 - Creates an exemption to keep the property tax value from increasing for owners 70 years old and older

Tracking Level: Of Interest
Sponsor: Don C. Bowen
Last Action: 1/14/2014 - House - Referred to Committee on Ways and Means
House Committee:
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Creates an exemption to keep the property tax value from increasing for owners 70 years old and older. The bill also increases the exemption by 25 percent every five years.

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