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Indicates Matter Stricken
Indicates New Matter
Sponsors: Reps. Alexander and Clyburn
Document Path: l:\council\bills\dka\3035sa17.docx
Introduced in the House on January 10, 2017
Currently residing in the House Committee on Ways and Means
Summary: Homestead tan exemption
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/15/2016 House Prefiled 12/15/2016 House Referred to Committee on Ways and Means 1/10/2017 House Introduced and read first time (House Journal-page 65) 1/10/2017 House Referred to Committee on Ways and Means (House Journal-page 65)
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VERSIONS OF THIS BILL
TO AMEND SECTION 12-37-250, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE HOMESTEAD EXEMPTION ALLOWANCE, SO AS TO PROVIDE THAT A COUNTY SHALL ADJUST A TAXPAYER'S TAX BILL TO AUTOMATICALLY REFLECT THE HOMESTEAD EXEMPTION WHEN THE TAXPAYER REACHES A CERTAIN AGE, AND TO PROVIDE FOR CERTAIN REFUNDS FROM THE COUNTY; AND TO AMEND SECTION 12-43-220, AS AMENDED, RELATING TO THE PROCEDURE FOR CLAIMING CERTAIN PROPERTY TAX ASSESSMENT RATIOS, SO AS TO REQUIRE THE OWNER-OCCUPANT OF A PROPERTY TO DISCLOSE HIS DATE OF BIRTH WHEN APPLYING FOR A CERTAIN PROPERTY TAX ASSESSMENT RATIO.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-250 of the 1976 Code is amended by adding new subsections at the end to read:
"(K) Notwithstanding any other provision of law relating to the required homestead exemption application process and based upon the person's age provided pursuant to Section 12-43-220(c)(2)(iv)(D), in the first year in which a person becomes eligible for exemption pursuant to subsection (A)(1)(i), the auditor shall award the exemption automatically.
(L) Notwithstanding any other provision of law, a person who was otherwise eligible for the homestead exemption but failed to apply is entitled to receive a property tax refund for no more than the five previous years the person was eligible."
SECTION 2. Section 12-43-220(c)(2)(iv) of the 1976 Code, as last amended by Act 87 of 2015, is further amended by adding a subsubitem to read:
"(D) the owner-occupant's date of birth."
SECTION 3. This act takes effect upon approval by the Governor and applies to property tax years beginning after 2016. The provisions of Section 12-37-250(L) apply to property tax years beginning after 2016 and any open period less than five years.
This web page was last updated on January 11, 2017 at 11:53 AM