Legislation Sponsored by Thomas Young (2)
Date of Last Recorded Action: 4/26/2024
S 0075
S 0075
Allows a property owner residing at a nursing home to retain the 4 percent assessment ratio
01.31.2017 The Senate Finance Committee gave this bill a favorable report as amended. The amendments strike the phrase 'need to reapply' and adds assisted living facilities.01.24.2017 The Senate Finance Property Taxation subcommittee gave this bill a favorable report as amended. The amendment only makes a technical change. Summary of the bill as introduced: Allows an owner living in a nursing home to retain the 4 percent property tax assessment ratio as long as the owner plans to return to the property, does not have a living spouse and does not receive rental income from the property.
Sponsor:
Thomas Young
House Com:
WM
Senate Com:
Fin
Status: Referred to Committee on Ways and Means
Status Date: 2/8/2017
Keywords:
Property Taxes
Senate
Week of 01.23.2017
Week of 01.30.2017
Of Interest
S 0501
Directs the state treasurer to disburse funds to counties and municipalities that maintain unreimbursed expenses from the 2014 winter storm
Summary of the bill as introduced: Directs the state treasurer to disburse funds to counties and municipalities that maintain unreimbursed expenses from the 2014 winter storm.
Sponsor:
Thomas Young
House Com:
Senate Com:
Status: Referred to Committee on Finance
Status Date: 3/2/2017
Keywords:
Finance/Revenue/Taxes
Week of 02.27.2017
Of Interest
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
