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H 4999 - Allows the four percent assesment ratio on rental properties

Tracking Level: Of Interest
Sponsor: Stephen Goldfinch, Jr. (R)
Last Action: 3/27/2014 - 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: Allows the owner-occupant of residential property the four percent property tax assessment ratio if the residence is not rented for more than 72 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