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H 4453 - Makes changes to property taxes for property damaged in the October 2015 flooding

Tracking Level: Of Interest
Sponsor: Chip Huggins (R)
Last Action: 1/12/2016 - 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: Delays the property tax penalty schedule by two months on property damaged by the October 2015 flooding and requires appropriate adjustments in the  valuation and assessment of any property that sustained damage as a result of October 2015 flooding.

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Session 121 - (2015-2016)Printer Friendly
(pdf format)
H 4453 General Bill, By Huggins, V.S. Moss, Clyburn and Atwater
Similar (H 4451)
Summary: Property valuations
    A BILL TO AMEND SECTION 12-39-250, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ADJUSTMENTS IN PROPERTY VALUATIONS, SO AS TO REQUIRE APPROPRIATE ADJUSTMENTS IN THE VALUATION AND ASSESSMENT OF ANY REAL PROPERTY AND IMPROVEMENTS WHICH HAVE SUSTAINED DAMAGE AS A RESULT OF FLOODING, TO PROVIDE FOR REFUNDS IN CERTAIN SITUATIONS, TO SPECIFY APPLICABILITY, AND TO DELAY THE PROPERTY TAX PENALTY SCHEDULE BY TWO MONTHS ON CERTAIN REAL PROPERTY DAMAGED DURING THE CATASTROPHIC WEATHER EVENT IN OCTOBER 2015.
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12/03/15House Prefiled
12/03/15House Referred to Committee on Ways and Means
01/12/16House Introduced and read first time (House Journal-page 69)
01/12/16House Referred to Committee on Ways and Means (House Journal-page 69)



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