Current Status Bill Number:3204 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19970114 Primary Sponsor:Scott All Sponsors:Scott Drafted Document Number:jic\5101htc.97 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Property tax exemption, religious, charitable, literary society property leased by; taxation
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
House 19970114 Introduced, read first time, 30 HWM
referred to Committee
House 19970108 Prefiled, referred to Committee 30 HWM
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TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXTEND THE EXEMPTION ALLOWED THE PROPERTY OF A RELIGIOUS, CHARITABLE, ELEEMOSYNARY, EDUCATIONAL, OR LITERARY SOCIETY TO PROPERTY LEASED BY SUCH ORGANIZATIONS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B)(16)(a) of the 1976 Code, as last amended by Section 200, Act 181 of 1993, is further amended to read:
"(a) The Property of owned or leased by any religious, charitable, eleemosynary, educational, or literary society, corporation, or other association, when the property is used by it primarily for the holding of its meetings and the conduct of the business of the society, corporation, or association and no profit or benefit therefrom inures to the benefit of any private stockholder or individual."
SECTION 2. Upon approval by the Governor, this act is effective for property tax years beginning after 1996.