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H 3312 - Allows the creation of promenade pride districts and exempts property taxes in the district for seven years

Tracking Level: Of Interest
Sponsor: William Bowers (D)
Last Action: 1/10/2017 - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
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Staff Analysis of the Legislation

Summary of the bill as introduced: Allows the creation of promenade pride districts and exempts the value of any addition or improvement to real property located in the district from property taxes for seven years.

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Session 122 - (2017-2018)Printer Friendly
(pdf format)
H 3312 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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12/15/16House Prefiled
12/15/16House Referred to Committee on Ways and Means
01/10/17House Introduced and read first time (House Journal-page 158)
01/10/17House Referred to Committee on Ways and Means (House Journal-page 158)



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