S 1081 Session 112 (1997-1998)
S 1081 General Bill, By Wilson, Branton, Courson, Giese, Grooms, Mescher,
Ryberg and Thomas
Similar(H 4717)
A BILL TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT A BOAT, BOAT MOTOR,
OR PRIVATE PASSENGER MOTOR VEHICLE OWNED BY AN INDIVIDUAL SIXTY-FIVE YEARS OF
AGE OR OLDER WHO HAS PAID PROPERTY TAXES ON SUCH AN ITEM OF PERSONAL PROPERTY
FOR AT LEAST THE FIVE PRECEDING PROPERTY TAX YEARS AND TO EXEMPT THE
OWNER-OCCUPIED PROPERTY OWNED BY AN INDIVIDUAL SIXTY-FIVE YEARS OF AGE OR
OLDER WHO HAS PAID PROPERTY TAXES ON AN OWNER-OCCUPIED RESIDENCE FOR AT LEAST
THE FIVE PRECEDING PROPERTY TAX YEARS.
03/03/98 Senate Introduced and read first time SJ-5
03/03/98 Senate Referred to Committee on Finance SJ-5
A BILL
TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF
LAWS OF SOUTH CAROLINA, 1976, RELATING TO
PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT A BOAT,
BOAT MOTOR, OR PRIVATE PASSENGER MOTOR VEHICLE
OWNED BY AN INDIVIDUAL SIXTY-FIVE YEARS OF AGE OR
OLDER WHO HAS PAID PROPERTY TAXES ON SUCH AN
ITEM OF PERSONAL PROPERTY FOR AT LEAST THE FIVE
PRECEDING PROPERTY TAX YEARS AND TO EXEMPT THE
OWNER-OCCUPIED PROPERTY OWNED BY AN INDIVIDUAL
SIXTY-FIVE YEARS OF AGE OR OLDER WHO HAS PAID
PROPERTY TAXES ON AN OWNER-OCCUPIED RESIDENCE
FOR AT LEAST THE FIVE PRECEDING PROPERTY TAX
YEARS.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. Section 12-37-220(B) of the 1976 Code is amended
by adding an appropriately numbered item at the end to read:
"( )(a) A boat, boat motor, or private passenger motor
vehicle as defined in Section 56-3-630 owned by an individual
sixty-five years of age or older for personal use who has owned and
paid property taxes on such an item of property for at least the five
preceding tax years.
(b) The owner-occupied residence of an individual sixty-five
years of age or older who has owned and paid property taxes on a
personal residence for at least the five preceding property tax
years."
SECTION 2. Upon approval by the Governor, this act is effective
for property tax years beginning after 1998.
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