H 3453 General Bill, By Limehouse, Altman, Barfield, Bailey, Rice, Scarborough, Wilkins, Owens, Clemmons, Hagood and Mahaffey
Similar (S 0366, H 3919)
Summary: Provisions for property tax cap/exemption for watercraft
    A BILL TO AMEND SECTION 12-37-224, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE CLASSIFICATION OF A MOTOR HOME AS REAL PROPERTY FOR PURPOSES OF AD VALOREM TAXES AND THE REQUIREMENTS NECESSARY FOR THAT CLASSIFICATION, SO AS TO INCLUDE BOATS WITHIN THE CLASSIFICATION IF THEY MEET THE SAME REQUIREMENTS, AND TO AMEND SECTION 12-37-220, AS AMENDED, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT A SUFFICIENT AMOUNT OF THE FAIR MARKET VALUE OF A WATERCRAFT AND OF THE COMBINED VALUE OF A WATERCRAFT AND ITS MOTOR, IF TAXED SEPARATELY, TO LIMIT TO ONE THOUSAND FIVE HUNDRED DOLLARS THE PROPERTY TAX DUE ON THE WATERCRAFT OR BOTH THE WATERCRAFT AND THE MOTOR, FOR ONE PROPERTY-TAX YEAR.
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02/03/05	House	Introduced and read first time HJ-12
02/03/05	House	Referred to Committee on Ways and Means HJ-13
02/15/05	House	Member(s) request name added as sponsor: Altman
02/16/05	House	Member(s) request name added as sponsor: Barfield
03/02/05	House	Member(s) request name added as sponsor: Bailey, Rice
03/03/05	House	Member(s) request name added as sponsor: Scarborough
03/08/05	House	Member(s) request name added as sponsor: Wilkins
03/09/05	House	Member(s) request name added as sponsor: Owens
03/16/05	House	Member(s) request name added as sponsor: Clemmons
04/19/05	House	Member(s) request name added as sponsor: Hagood
04/19/05	House	Committee report: Favorable with amendment Ways and Means HJ-52
04/20/05	House	Member(s) request name added as sponsor: Mahaffey
04/26/05	House	Debate interrupted HJ-66
04/26/05	House	Amended HJ-74
04/26/05	House	Read second time HJ-82
04/26/05	House	Roll call Yeas-67 Nays-34 HJ-82
04/27/05	House	Read third time and sent to Senate HJ-18
04/28/05	Senate	Introduced and read first time SJ-10
04/28/05	Senate	Referred to Committee on Finance SJ-10
05/17/05	Senate	Committee report: Favorable with amendment Finance SJ-12
05/18/05		Scrivener's error corrected
01/10/06	Senate	Retaining place on calendar recommitted to Committee on Finance SJ-52