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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

Tracking Level: Of Interest
Sponsor: Ashley Trantham
Last Action: 1/24/2023 - House - Referred to Committee on Ways and Means
House Committee:
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation
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.

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Session 125 - (2023-2024)Printer Friendly
(pdf format)
H 3778 General Bill, By Trantham, Vaughan, Long, Burns, Haddon, May, A.M. Morgan and T.A. Morgan
Similar (S 0012)
Summary: Property tax exemption
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO ALLOW AN EXEMPTION FROM ALL PROPERTY TAX EQUAL TO ONE HUNDRED PERCENT OF THE VALUE SUBJECT TO TAX OF AN OWNER-OCCUPIED RESIDENCE IF THE OWNER HAS ATTAINED THE AGE OF SEVENTY YEARS AND HAS MADE THE PROPERTY HIS RESIDENCE FOR THIRTY YEARS.
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01/24/23House Introduced and read first time (House Journal-page 29)
01/24/23House Referred to Committee on Ways and Means (House Journal-page 29)


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