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H 3313 - Changes the rollback calculation on agricultural property

Tracking Level: Passed
Sponsor: Thomas Pope (R)
Last Action: 6/14/2016 - Act No. 251
House Committee:
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

03.22.2016 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee.
03.15.2016 The Senate Finance Property Taxation subcommittee gave this bill a favorable report as amended. The amendment only makes technical changes.
04.22.2015 The House Ways and Means Committee gave this bill a favorable report.
04.14.2015 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Requires when calculating rollback taxes due on real property that changed from agricultural to commercial or residential, if the value of the green space is ten percent or more, it must be valued based on the green space use.

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
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