Select a different bill



S 0072 - Phases in property tax exemptions for manufacturing property

Tracking Level: Of Interest
Sponsor: Sean Bennett (R)
Last Action: 1/10/2017 - Referred to Committee on Finance
Senate Committee: Fin
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Phases in a 42.75 percent property tax exemption of the fair market value of manufacturing property over a five year period.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
South Carolina Legislature Online - Bill Search by Bill Number
South Carolina Legislature




Instructions


 
Loading...
Session 122 - (2017-2018)Printer Friendly
(pdf format)
S 0072 General Bill, By Bennett and Hembree
Summary: Property tax exemptions
    A BILL TO AMEND SECTION 12-37-220 OF THE 1976 CODE, RELATING TO PROPERTY TAX EXEMPTIONS, TO EXEMPT FROM PROPERTY TAX FORTY-TWO AND SEVENTY-FIVE ONE HUNDREDTHS PERCENT OF THE FAIR MARKET VALUE OF MANUFACTURING PROPERTY, AND TO PHASE IN THE EXEMPTION OVER FIVE YEARS.
View full text
12/13/16Senate Prefiled
12/13/16Senate Referred to Committee on Finance
01/10/17Senate Introduced and read first time (Senate Journal-page 48)
01/10/17Senate Referred to Committee on Finance (Senate Journal-page 48)



Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v









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