South Carolina Legislature


 

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H 3608
Session 104 (1981-1982)


H 3608 General Bill, By Kirsh
 A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
 12-37-256 so as to provide for a homestead exemption for all owner-occupied
 residential property equal to fifty percent of the fair market value thereof
 up to a maximum of fifteen thousand dollars, to provide that this exemption
 shall be in addition to all other homestead exemptions provided by law, to
 provide that there shall be no reimbursement by the State to counties and
 other local taxing entities for taxes lost as a result of this exemption, and
 to provide that residential property qualifying for this exemption shall
 nevertheless be considered taxable property for certain bonded indebtedness
 purposes and for purposes of the Education Finance Act.
   02/25/82  House  Introduced and read first time HJ-1068
   02/25/82  House  Referred to Committee on Ways and Means HJ-1068




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