H 4280 General Bill, By Haskins, Bales and Loftis
Summary: Recreational trailer, residence requirements for purposes of property tax exemptions; Mobile Homes, Motor Vehicles
    A BILL TO AMEND SECTION 12-37-224, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TAXATION OF A MOTOR HOME AS RESIDENTIAL REAL PROPERTY, SO AS TO PROVIDE THAT A RECREATIONAL TRAILER ON WHICH THE INTEREST PORTION OF INDEBTEDNESS IS DEDUCTIBLE PURSUANT TO THE INTERNAL REVENUE CODE AS AN INTEREST EXPENSE ON A QUALIFIED PRIMARY OR SECOND RESIDENCE IS ALSO A PRIMARY OR SECOND RESIDENCE FOR PURPOSES OF AD VALOREM PROPERTY TAXATION IN THIS STATE AND IS CONSIDERED REAL PROPERTY RATHER THAN PERSONAL PROPERTY FOR PROPERTY TAX PURPOSES.
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11/10/99	House	Prefiled
11/10/99	House	Referred to Committee on Ways and Means
01/11/00	House	Introduced and read first time HJ-404
01/11/00	House	Referred to Committee on Ways and Means HJ-404