H 4297 General Bill, By R. Smith, Bales, Riser and W. McLeod
Summary: Motor home, residence requirements for purposes of property tax exemptions; Recreational trailer, Mobile Homes
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-37-226 SO AS TO PROVIDE THAT A RECREATIONAL TRAILER ON WHICH THE INTEREST PORTION OF INDEBTEDNESS IS DEDUCTIBLE PURSUANT TO THE INTERNAL REVENUE CODE AS AN INTEREST EXPENSE ON A QUALIFIED PRIMARY OR SECOND RESIDENCE IS ALSO A PRIMARY OR SECOND RESIDENCE FOR PURPOSES OF AD VALOREM PROPERTY TAXATION IN THIS STATE AND IS CONSIDERED REAL PROPERTY RATHER THAN PERSONAL PROPERTY FOR PROPERTY TAX PURPOSES.
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11/10/99	House	Prefiled
11/10/99	House	Referred to Committee on Ways and Means
01/11/00	House	Introduced and read first time HJ-411
01/11/00	House	Referred to Committee on Ways and Means HJ-411