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Session 116 - (2005-2006)Printer Friendly
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H*4426 (Rat #0416, Act #0360 of 2006) General Bill, By Thompson and Martin
Summary: Property tax exemption
    AN ACT TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE THAT WHEN AN ENTITY EXEMPT FROM PROPERTY TAX AS A NONPROFIT CORPORATION FUNDED BY FEDERAL OR STATE LOANS OR AS A RELIGIOUS, CHARITABLE, ELEEMOSYNARY, EDUCATIONAL, OR LITERARY ORGANIZATION LEASES PROPERTY OWNED BY IT TO SIMILARLY PROPERTY TAX EXEMPT ENTITIES, THE LEASED PORTION OF THE PROPERTY IS EXEMPT FROM PROPERTY TAX. - ratified title
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01/12/06House Introduced and read first time HJ-22
01/12/06House Referred to Committee on Ways and Means HJ-23
04/20/06House Committee report: Favorable Ways and Means HJ-7
04/25/06House Read second time HJ-79
04/26/06House Read third time and sent to Senate HJ-19
04/26/06Senate Introduced and read first time SJ-7
04/26/06Senate Referred to Committee on Finance SJ-7
05/05/06Senate Referred to Subcommittee: Hayes (ch), Land, Courson, Matthews, Grooms, Richardson
05/17/06Senate Committee report: Favorable Finance SJ-11
05/31/06Senate Read second time SJ-134
06/01/06Senate Read third time and enrolled SJ-38
06/07/06 Ratified R 416
06/09/06 Signed By Governor
06/16/06 Copies available
06/16/06 Effective date See Act for Effective Date
06/23/06 Act No. 360



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