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Current Status Bill Number:View additional legislative information at the LPITS web site.229 Type of Legislation:General Bill GB Introducing Body:Senate Introduced Date:19990112 Primary Sponsor:McConnell All Sponsors:McConnell, Elliott, Passailaigue, Leventis, Wilson, Reese Drafted Document Number:l:\council\bills\kgh\15130htc99.doc Residing Body:Senate Current Committee:Finance Committee 06 SF Subject:Property tax valuations, adjustments when improvements made as result of having sustained damage; Taxation History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ Senate 19990112 Introduced, read first time, 06 SF referred to Committee Senate 19981216 Prefiled, referred to Committee 06 SF Versions of This Bill
TO AMEND SECTION 12-39-250, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CORRECTION OF PROPERTY TAX VALUATIONS, SO AS TO REQUIRE THE COUNTY TAX ASSESSOR OR BOARD OF ASSESSMENT APPEALS ALSO TO MAKE APPROPRIATE ADJUSTMENTS IN THE VALUE OF REAL PROPERTY WHEN IMPROVEMENTS TO THE PROPERTY HAVE SUSTAINED DAMAGE THROUGH WIND, WATER, OR ANY OTHER DESTRUCTIVE FORCE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-39-250(B) of the 1976 Code, as last amended by Act 146 of 1997, is further 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 shall order the County Auditor to make appropriate adjustments in the valuation and assessment value of any real property and improvements which have sustained damage as a result of fire, wind, water, or any other destructive force provided that if the application for correction of the assessment is made prior to before payment of the tax."
SECTION 2. This act takes effect upon approval by the Governor.
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