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Session 109 - (1991-1992)Printer Friendly
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H*4262 (Rat #0432, Act #0375 of 1992) General Bill, By J.J. Bailey
A Bill to amend Section 4-9-195, Code of Laws of South Carolina, 1976, relating to special property tax assessments for rehabilitated historic properties and low and moderate income rental properties, so as to revise the special eight-year assessment to the greater of forty percent of the applicable percent of the appraisal value after rehabilitation or certification or the original assessment on the property and to provide that only owner-occupied rehabilitated property qualifies for the special four percent assessment ratio, to make ineligible for the assessment property rehabilitated as a result of natural disaster, catastrophe, accident, or force majeure, to revise the eligibility requirements applicable to low and moderate income rental property, and to provide definitions.-amended title
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A Bill to amend Section 4-9-195, Code of Laws of South Carolina, 1976, relating to special property tax assessments for rehabilitated historic properties and low and moderate income rental properties, so as to revise the special eight-year assessment to the greater of forty percent of the applicable percent of the appraisal value after rehabilitation or certification or the original assessment on the property and to provide that only owner-occupied rehabilitated property qualifies for the special four percent assessment ratio, to make ineligible for the assessment property rehabilitated as a result of natural disaster, catastrophe, accident, or force majeure, to revise the eligibility requirements applicable to low and moderate income rental property, and to provide definitions.-amended title
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01/23/92 | House | Introduced, read first time, placed on calendar without reference HJ-11 |
01/28/92 | House | Read second time HJ-14 |
01/29/92 | House | Read third time and sent to Senate HJ-12 |
02/04/92 | Senate | Introduced and read first time SJ-13 |
02/04/92 | Senate | Referred to Committee on Finance SJ-13 |
04/22/92 | Senate | Committee report: Favorable with amendment Finance SJ-8 |
04/28/92 | Senate | Amended SJ-58 |
04/28/92 | Senate | Read second time SJ-58 |
04/29/92 | Senate | Read third time and returned to House with amendments SJ-283 |
05/05/92 | House | Concurred in Senate amendment and enrolled HJ-41 |
05/13/92 | Ratified R 432 | |
05/19/92 | Signed By Governor | |
05/19/92 | Effective date 05/19/92 | |
05/19/92 | Act No. 375 | |
06/17/92 | Copies available |