H 2103 Session 105 (1983-1984)
H 2103 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.
12/28/82 House Prefiled
12/28/82 House Referred to Committee on Ways and Means
01/11/83 House Introduced and read first time HJ-224
01/11/83 House Referred to Committee on Ways and Means HJ-224
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