H 4243  General Bill, By Crawford, McGinnis, Hardee, J.E.Johnson, Brittain, Weeks, 
Erickson and Bradley
 A BILL TO AMEND SECTION 12-39-250, CODE OF LAWS OF SOUTH CAROLINA, 1976,
 RELATING TO ADJUSTMENTS IN VALUATION AND ASSESSMENT FOR PURPOSES OF AD VALOREM
 TAXATION, SO AS TO REQUIRE AN ADJUSTMENT FOR DAMAGES CAUSED BY FLOODING OR A
 HURRICANE.

   04/21/21  House  Introduced and read first time (House Journal-page 23)
   04/21/21  House  Referred to Committee on Ways and Means
                     (House Journal-page 23)
   04/28/21  House  Member(s) request name added as sponsor: Weeks
   03/31/22  House  Committee report: Favorable with amendment Ways
                     and Means (House Journal-page 28)
   04/05/22  House  Debate adjourned (House Journal-page 23)
   04/06/22  House  Member(s) request name added as sponsor:
                     Erickson, Bradley
   04/06/22  House  Amended
   04/06/22  House  Read second time (House Journal-page 67)
   04/06/22  House  Roll call Yeas-110  Nays-0 (House Journal-page 68)
   04/07/22  House  Read third time and sent to Senate
   04/07/22  Senate Introduced and read first time (Senate Journal-page 7)
   04/07/22  Senate Referred to Committee on Finance
                     (Senate Journal-page 7)

Indicates Matter Stricken

Indicates New Matter

AMENDED

April 6, 2022

H. 4243

Introduced by Reps. Crawford, McGinnis, Hardee, J.E. Johnson, Brittain, Weeks, Erickson and Bradley

S. Printed 4/6/22--H.

Read the first time April 21, 2021.

TO AMEND SECTION 12-39-250, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ADJUSTMENTS IN VALUATION AND ASSESSMENT FOR PURPOSES OF AD VALOREM TAXATION, SO AS TO REQUIRE AN ADJUSTMENT FOR DAMAGES CAUSED BY FLOODING OR A HURRICANE.

Amend Title To Conform

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

SECTION    1.    Section 12-39-250(B) of the 1976 Code is amended to read:

"(B)    Notwithstanding any other provision of law, the county tax assessor or the County Board of Assessment Appeals, upon application of the taxpayer, must order the County Auditor to make appropriate adjustments in the valuation and assessment of any real property and improvements which have sustained damage as a result of fire, flooding, hurricane, or wind event provided that the application for correction of the assessment is made prior to payment of the tax."

SECTION    2.    This act takes effect upon approval by the Governor and first applies to property tax years beginning after 2021.