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H 4306 - Allows for the creation of Promenade Pride Districts with property tax exemptions

Tracking Level: Of Interest
Sponsor: William Bowers
Last Action: 6/3/2015 - 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 for the creation of Promenade Pride Districts and exempts from property taxes the value of any addition or improvement to property located in the district for seven years.

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Session 121 - (2015-2016)Printer Friendly
(pdf format)
H 4306 General Bill, By Bowers
Summary: Promenade pride districts
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-37-460 SO AS TO ALLOW THE CREATION OF PROMENADE PRIDE DISTRICTS AND TO PROVIDE THAT THE VALUE OF ANY ADDITION OR IMPROVEMENT TO REAL PROPERTY LOCATED WITHIN THE DISTRICT IS EXEMPT FROM ANY PROPERTY TAX LEVIED BY THE POLITICAL SUBDIVISION THAT CREATED THE DISTRICT FOR SEVEN YEARS.
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06/03/15House Introduced and read first time (House Journal-page 6)
06/03/15House Referred to Committee on Ways and Means (House Journal-page 6)



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