Bill

Bill > H4138


SC H4138

SC H4138
Property tax exemption


summary

Introduced
03/05/2025
In Committee
03/05/2025
Crossed Over
Passed
Dead

Introduced Session

126th General Assembly

Bill Summary

Amend The South Carolina Code Of Laws By Amending Section 12-37-220, Relating To Property Tax Exemptions, So As To Provide That Legal Guardians Of Minor Or Dependent Children Are Entitled To A Property Tax Exemption On One Personal Motor Vehicle.

AI Summary

This bill amends South Carolina's property tax code to provide a property tax exemption for legal guardians of minor or dependent children who are blind or require a wheelchair. Specifically, the bill allows legal guardians to receive a tax exemption on one personal motor vehicle that is used to transport these children. The existing law is being modified to explicitly include this exemption, which aims to provide financial relief to guardians who have additional transportation needs due to a child's disability. The tax exemption would apply when the vehicle is specifically used for transporting the minor or dependent child who is either blind or uses a wheelchair. The bill would take effect immediately upon receiving the Governor's approval, potentially offering immediate tax relief for qualifying legal guardians in South Carolina.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Committee on Ways and Means (on 03/05/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...