South Carolina General Assembly
122nd Session, 2017-2018

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Indicates Matter Stricken
Indicates New Matter

S. 395

STATUS INFORMATION

General Bill
Sponsors: Senator Reese
Document Path: l:\council\bills\bbm\9543dg17.docx

Introduced in the Senate on February 9, 2017
Currently residing in the Senate Committee on Finance

Summary: Property tax exemptions

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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    2/9/2017  Senate  Introduced and read first time (Senate Journal-page 5)
    2/9/2017  Senate  Referred to Committee on Finance (Senate Journal-page 5)

View the latest legislative information at the website

VERSIONS OF THIS BILL

2/9/2017

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

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 THE FIRST TWENTY THOUSAND DOLLARS OF VALUE OF A PERSONAL MOTOR VEHICLE OWNED OR LEASED BY A PERSON WHO HAS BEEN A RESIDENT OF THIS STATE FOR AT LEAST ONE YEAR AND HAS REACHED THE AGE OF SIXTY-FIVE YEARS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 12-37-220(B) of the 1976 Code, as last amended by Act 23 of 2015, is further amended by adding an appropriately numbered item at the end to read:

"( )    the first twenty thousand dollars of value of a personal motor vehicle owned or leased by a person who has been a resident of this State for at least one year and has reached the age of sixty-five years on or before December thirty-first."

SECTION    2.    This act takes effect upon approval by the Governor and first applies after 2017.

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This web page was last updated on February 10, 2017 at 2:12 PM