Bill

Bill > H4219


SC H4219

SC H4219
Property tax


summary

Introduced
03/29/2023
In Committee
03/29/2023
Crossed Over
Passed
Dead
05/09/2024

Introduced Session

125th General Assembly

Bill Summary

A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-610, RELATING TO PERSONS LIABLE FOR TAXES AND ASSESSMENTS ON REAL PROPERTY, SO AS TO PROVIDE THAT CERTAIN DISABLED VETERANS OF THE ARMED FORCES OF THE UNITED STATES ARE EXEMPT FROM PROPERTY TAXES IN THE YEAR IN WHICH THE DISABILITY OCCURS.

AI Summary

This bill amends the South Carolina Code of Laws to provide that certain disabled veterans of the Armed Forces of the United States are exempt from property taxes in the year in which their disability occurs. The bill allows veterans who are permanently and totally disabled as a result of a service-connected disability to claim the exemption immediately in the year the disability occurs, rather than having to wait until the following year. The bill takes effect upon approval by the Governor and applies to property tax years beginning after 2023 and any open period less than three years.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to Committee on Ways and Means (on 03/29/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...