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H 4944 - Deletes certain provisions related to the multiple lot discount

Tracking Level: Of Interest
Sponsor: B. R. Skelton
Last Action: 6/26/2014 - Act No. 277
House Committee:
Assigned To:
General GovernanceNext Bill

Staff Analysis of the Legislation

04.08.2014 The House Ways and Means committee gave this bill a favorable report.
04.08.2014 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Eliminates the five year cap on the discounted value for the purpose of property tax calculation when a developer has at least ten lots in the development.

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