H 4994 South Carolina House · 2019-2020 Regular Session

Homestead exemptions

Summary

A BILL TO AMEND SECTION 12-37-250, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE HOMESTEAD PROPERTY TAX EXEMPTION ALLOWED FOR PERSONS WHO ARE OVER THE AGE OF SIXTY-FIVE YEARS, DISABLED, OR LEGALLY BLIND, SO AS TO INCREASE THE EXEMPTION AMOUNT FROM THE FIRST FIFTY THOUSAND DOLLARS TO THE FIRST ONE HUNDRED THOUSAND DOLLARS OF THE FAIR MARKET VALUE OF THE HOMESTEAD; AND TO REPEAL SECTION 12-37-245 RELATING TO AN OBSOLETE REFERENCE TO THE HOMESTEAD EXEMPTION.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2020

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2020 Last action Jan 21, 2020

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Full legislative history

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Total actions

2

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Committee

1

Jan 21, 2020

Committee

Referred to Committee on Ways and Means

lower

Jan 21, 2020

Introduced

Introduced and read first time

lower

27 primary · 0 co-sponsors

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