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H 3093 - Allows a property to continue to receive the four percent assessment ratio after the owner dies until the estate is closed

Tracking Level: Of Interest
Sponsor: Dwight Loftis (R)
Last Action: 4/5/2017 - Referred to Committee on Finance
House Committee: WM
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

03.28.2017 The House Ways and Means Committee gave this bill a favorable report.
03.08.2017 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Allows a property to continue to receive the 4 percent assessment ratio after the owner dies until the estate is closed so long as the property is not rented.

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