S*1005(Rat #0343, Act #0271 of 2002)  General Bill, By J.V. Smith, Ryberg, 
Ravenel, Peeler, Grooms, Thomas, Giese, Ritchie, Anderson, Branton, Courson, 
Alexander, Fair, Mescher, Martin, Hawkins, Hayes, Kuhn, Leatherman, O'Dell, 
Leventis, Bauer, Drummond, Elliott, Ford, Glover, Gregory, Holland, Hutto, 
Jackson, Land, Matthews, McConnell, McGill, Moore, Patterson, Pinckney, Rankin, 
Reese, Richardson, Saleeby, Setzler, Short, Verdin and Waldrep
 A BILL TO AMEND SECTION 12-60-2510, AS AMENDED, CODE OF LAWS OF SOUTH
 CAROLINA, 1976, RELATING TO PROPERTY TAX ASSESSMENT NOTICES ISSUED BY COUNTY
 ASSESSORS AND THE TIME ALLOWED FOR APPEALS OF THE VALUES PROVIDED IN THESE
 NOTICES, SO AS TO PROVIDE THAT SUBSTANTIALLY ALL PROPERTY TAX ASSESSMENT
 NOTICES MUST BE MAILED BY OCTOBER FIRST RATHER THAN FEBRUARY FIRST OF THE YEAR
 OF IMPLEMENTATION OF A COUNTYWIDE EQUALIZATION PROGRAM AND TO PROVIDE THAT A
 NOTICE OF OBJECTION TO A PROPOSED VALUE IN A PROPERTY TAX ASSESSMENT NOTICE
 MAY BE TIMELY FILED WITHIN NINETY DAYS RATHER THAN THIRTY DAYS AFTER THE
 MAILING OF THE PROPERTY TAX ASSESSMENT NOTICE.-amended title

   02/12/02  Senate Introduced and read first time SJ-5
   02/12/02  Senate Referred to Committee on Finance SJ-5
   03/20/02  Senate Recalled from Committee on Finance SJ-2
   03/21/02  Senate Read second time SJ-11
   03/21/02  Senate Ordered to third reading with notice of
                     amendments SJ-11
   03/26/02  Senate Read third time and sent to House SJ-16
   04/02/02  House  Introduced and read first time HJ-20
   04/02/02  House  Referred to Committee on Ways and Means HJ-21
   05/02/02  House  Committee report: Favorable with amendment Ways
                     and Means HJ-7
   05/08/02  House  Amended HJ-27
   05/08/02  House  Read second time HJ-28
   05/09/02  House  Read third time and returned to Senate with
                     amendments HJ-15
   05/09/02  Senate Concurred in House amendment and enrolled SJ-20
   05/22/02         Ratified R 343
   05/28/02         Signed By Governor
   06/13/02         Effective date 5/28/2002
   06/13/02         Copies available
   06/17/02         Act No. 271

AN ACT TO AMEND SECTION 12-60-2510, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX ASSESSMENT NOTICES ISSUED BY COUNTY ASSESSORS AND THE TIME ALLOWED FOR APPEALS OF THE VALUES PROVIDED IN THESE NOTICES, SO AS TO PROVIDE THAT SUBSTANTIALLY ALL PROPERTY TAX ASSESSMENT NOTICES MUST BE MAILED BY OCTOBER FIRST RATHER THAN FEBRUARY FIRST OF THE YEAR OF IMPLEMENTATION OF A COUNTYWIDE EQUALIZATION PROGRAM AND TO PROVIDE THAT A NOTICE OF OBJECTION TO A PROPOSED VALUE IN A PROPERTY TAX ASSESSMENT NOTICE MAY BE TIMELY FILED WITHIN NINETY DAYS RATHER THAN THIRTY DAYS AFTER THE MAILING OF THE PROPERTY TAX ASSESSMENT NOTICE.

Be it enacted by the General Assembly of the State of South Carolina:

Property tax assessment notice; time for appeal

SECTION 1. Items (1) and (3) of Section 12-60-2510(A), as last amended by Act 283 of 2000, are further amended to read:

"(1) In the case of property tax assessments made by the county assessor, whenever the assessor increases the fair market value or special use value in making a property tax assessment by one thousand dollars or more, or whenever the first property tax assessment is made on the property by a county assessor, the assessor, by July first in the year in which the property tax assessment is made, or as soon after as is practical, shall send the taxpayer a property tax assessment notice. In years when real property is appraised and assessed under a countywide equalization program, substantially all property tax assessment notices must be mailed by October first of the implementation year. In these reassessment years, if substantially all of the tax assessment notices are not mailed by October first, the prior year's property tax assessment must be the basis for all property tax assessments for the current tax year. A property tax assessment notice under this subsection must be in writing and must include:

(a) the fair market value;

(b) value as limited by Section 12-37-223A, if applicable;

(c) the special use value, if applicable;

(d) the assessment ratio;

(e) the property tax assessment;

(f) the number of acres or lots;

(g) the location of the property;

(h) the tax map number; and

(i) the appeal procedure.

(3) In years when there is a notice of property tax assessment, the property taxpayer, within ninety days after the assessor mails the property tax assessment notice, must give the assessor written notice of objection to one or more of the following: the fair market value, the special use value, the assessment ratio, and the property tax assessment."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Ratified the 22nd day of May, 2002.

Approved the 28th day of May, 2002.