H 4993 General Bill, By Stringer, Bingham, Harrell, White, Clemmons, Taylor, Allison, Brannon, Spires, Ballentine, McCoy, Norman, Thayer, Parker, Bedingfield, Patrick, Bowen, G.R. Smith, Nanney, Sottile, Ryan, Loftis, Quinn, J.R. Smith, Murphy, Hearn, Atwater, Bannister, Brady, Delleney, Erickson, Hamilton, Hardwick, Henderson, Herbkersman, Hiott, Hixon, Horne, Limehouse, Long, Lowe, Merrill, D.C. Moss, V.S. Moss, Owens, Pinson, Pope, Sandifer, Simrill, Skelton, G.M. Smith, Tallon, Willis, Young, Forrester and Funderburk
Summary: Property tax exemptions
    A BILL TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT FROM PROPERTY TAX FORTY-TWO AND SEVENTY-FIVE ONE HUNDREDTHS PERCENT OF THE FAIR MARKET VALUE OF MANUFACTURING PROPERTY, TO EXEMPT FROM PROPERTY TAX FORTY-TWO AND SEVENTY-FIVE ONE HUNDREDTHS PERCENT OF THE FAIR MARKET VALUE OF BUSINESS PERSONAL PROPERTY REQUIRED TO BE REPORTED AND RETURNED ANNUALLY TO THE DEPARTMENT OF REVENUE OR COUNTY AUDITORS, AND TO PHASE IN THESE EXEMPTIONS OVER FOUR YEARS.
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03/13/12	House	Introduced and read first time (House Journal-page 8)
03/13/12	House	Referred to Committee on Ways and Means (House Journal-page 8)
03/13/12	House	Member(s) request name added as sponsor: Forrester
03/15/12	House	Member(s) request name added as sponsor: Funderburk