Bills Assigned to Keyword - Property Taxes (17)
Date of Last Recorded Action: 5/2/2024
H 3778
H 3778
Exempts one hundred percent of all property tax of an owner-occupied residence if the owner is 70 years old and owned the house for 30 years
Summary of the bill as introduced: Exempts one hundred percent of all property taxes of an owner-occupied residence if the owner is 70 years old and owned the house for 30 years.
Sponsor:
Ashley Trantham
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/24/2023
Keywords:
Property Taxes
Of Interest
H 3834
Requires a homeowner to be a legal resident of the United States in order to receive the special four percent property tax assessment
Summary of the bill as introduced: Requires a homeowner to be a legal resident of the United States in order to receive the special four percent property tax assessment.
Sponsor:
Steven Long
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/26/2023
Keywords:
Property Taxes
Of Interest
H 3839
Authorizes property tax officials to contract with a third party collection agency
Summary of the bill as introduced: Authorizes property tax officials to contract with a third party collection agency to collect delinquent property taxes on personal property.
Sponsor:
Cally Forrest
House Com:
Senate Com:
Status: House - Referred to Committee on Medical, Military, Public and Municipal Affairs
Status Date: 1/31/2023
Keywords:
Property Taxes
Of Interest
H 4219
Exempts certain disabled veterans of the US Armed Forces from property taxes in the year the disability occurs
Summary of the bill as introduced: Exempts certain disabled veterans of the United States Armed Forces from property taxes in the year the disability occurs.
Sponsor:
Christopher Hart
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 3/29/2023
Keywords:
Property Taxes
Of Interest
H 4554
Allows a taxpayer's spouse to claim the 4% assessment ratio on a residential property
Summary of the bill as introduced: Allows a taxpayer's spouse to claim the 4% assessment ratio on a residential property.
Sponsor:
Todd Rutherford
House Com:
WM
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/9/2024
Keywords:
House
Property Taxes
Of Interest
H 4666
Enacts the Save Our Property Act
Summary of the bill as introduced: Authorizes an assessor to defer property taxes until the next year on certain properties if an applicants income is less than a percentage of the county median income.
Sponsor:
Josiah Magnuson
House Com:
WM
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/9/2024
Keywords:
House
Property Taxes
Of Interest
H 4910
Delays all scheduled countywide property tax equalization and reassessment plans until 2026
Summary of the bill as introduced: Delays all scheduled countywide property tax equalization and reassessment plans for all counties until 2026.
Sponsor:
Joseph Bustos
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/23/2024
Keywords:
Finance/Revenue/Taxes
Property Taxes
Of Interest
H 4912
Allows certain civilian employees of the U.S. Department of Defense to continue to claim the special 4% assessment ratio
03.21.2024 The House Ways and Means Property Tax subcommittee gave this bill a favorable report as amended. The amendments change the way the state assesses commercial aircraft and prohibits counties from asking for a tax return to prove 4% residency.03.19.2024 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Allows certain civilian employees of the US Department of Defense to continue to claim the special four percent assessment ratio on property when the civilian receives orders for a change of station.
Sponsor:
Christopher Murphy
House Com:
WM
Senate Com:
Fin
Status: Senate - Referred to Committee on Finance
Status Date: 4/2/2024
Keywords:
Finance/Revenue/Taxes
Property Taxes
Of Interest
H 4936
Requires that the property tax exemption of a nonprofit housing organization only applies to the percentage of property that equals the corporation's ownership interest
Summary of the bill as introduced: Requires that the property tax exemption of a nonprofit housing organization only applies to the percentage of property that equals the corporation's ownership interest in the property.
Sponsor:
Heath Sessions
House Com:
WM
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/24/2024
Keywords:
Finance/Revenue/Taxes
Property Taxes
Priority
H 5206
Allows a school district to use surplus land for the development of affordable housing
Summary of the bill as introduced: Allows a school district to use surplus land for the development of affordable housing. The bill also provides a property tax exemption for certain affordable housing.
Sponsor:
Wendell Jones
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 3/5/2024
Keywords:
General Governance
Property Taxes
Of Interest
H 5264
Sets a new amount for the homestead property tax exemption
Summary of the bill as introduced: Sets a new amount for the homestead property tax exemption as the greater amount between the first $50,000 or the first 33% of the fair market value.
Sponsor:
James Burns
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 3/13/2024
Keywords:
Property Taxes
Of Interest
H 5310
Exempts a portion of the value of aircraft or an airline company from property taxes
03.26.2024 The House Ways and Means Property Tax subcommittee gave this bill a favorable report. Later in the day on Tuesday, the full House Ways and Means Committee gave this bill a favorable report.Summary of the bill as introduced: Exempts a portion of the value of aircraft or an airline company from property taxes.
Sponsor:
Christopher Murphy
House Com:
WM
Senate Com:
Status: House - Recommitted to Committee on Ways and Means
Status Date: 4/9/2024
Keywords:
Property Taxes
Of Interest
H 5328
Requires the county treasurer to accept partial property tax payments from a taxpayer affected by a county error
Summary of the bill as introduced: Requires the county treasurer to accept partial property tax payments from a taxpayer affected by a county error.
Sponsor:
John King
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 3/26/2024
Keywords:
Finance/Revenue/Taxes
Property Taxes
Of Interest
H 5372
Enacts the Accessory Dwelling Unit Affordable Housing Incentive Act
Summary of the bill as introduced: Provides a property tax exemption for certain accessory dwelling units.
Sponsor:
Wendell Jones
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 4/9/2024
Keywords:
Property Taxes
Of Interest
S 0907
Applies a property tax exemption for nonprofit housing corporations only to a certain percentage of the property
Summary of the bill as introduced: Applies a property tax exemption for nonprofit housing corporations only to the percentage of property that equals the corporation's ownership interest in the property.
Sponsor:
Michael Johnson
House Com:
Senate Com:
Fin
Status: Senate - Referred to Committee on Finance
Status Date: 1/9/2024
Keywords:
Property Taxes
Priority
S 1017
Applies a property tax exemption for nonprofit housing corporations only to a certain percentage of the property
04.25.2024 The House Ways and Means Committee gave this bill a favorable report as amended. The committee removed the subcommittee amendment and added language that qualifies projects that set lower income thresholds for residents in cities located within a North Carolina metropolitan statistical area whose population exceeds 500,000 residents. 04.23.2024 The House Ways and Means Property Tax subcommittee gave this bill a favorable report as amended. The amendment changes the language of the bill so that in order to qualify for the property tax exemption all of the units within an eligible project in certain zip codes be rented to very low income residents as designated by HUD's Fair Market Rent guidelines.04.17.2024 THe House Ways and Means Property Tax subcommittee adjourned debate on this bill.02.27.2024 The Senate Finance Committee gave this bill a favorable report.02.22.2024 The Senate Finance Property Taxation subcommittee gave this bill a favorable report.Summary of the bill as introduced: Applies a property tax exemption for nonprofit housing corporations only to the percentage of property that equals the corporation's ownership interest in the property. This bill also prohibits annexation of agricultural property by a municipality without express written agreement by the owner.
Sponsor:
Michael Johnson
House Com:
WM
Senate Com:
Fin
Status: House - Requests for debate-Rep(s). Sandifer, Bannister, Long, Bustos, Calhoon, Mitchell, Murphy, Brewer, Whitmire, Robbins, Yow
Status Date: 5/2/2024
Keywords:
Annexation
Property Taxes
Priority
S 1143
Defines owner-occupant for the purposes of legal residence tax exemption
Summary of the bill as introduced: Defines owner-occupant for the purposes of legal residence tax exemption.
Sponsor:
Michael Gambrell
House Com:
Senate Com:
Status: Senate - Referred to Committee on Finance
Status Date: 3/6/2024
Keywords:
Property Taxes
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