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Current Status Bill Number:View additional legislative information at the LPITS web site.4943 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:20000413 Primary Sponsor:Kelley All Sponsors:Kelley, Quinn, Wilkins, Robinson, Sandifer, Allison, Gamble, Gilham, Knotts, Rodgers, Seithel, Stuart, Tripp, Whatley, Huggins, Simrill, Meacham-Richardson, Lucas, Haskins, Altman, Barfield, Barrett, G. Brown, Campsen, Cato, Chellis, Cooper, Dantzler, Davenport, Easterday, Edge, Frye, Harrell, Harrison, Hawkins, Hinson, Keegan, Klauber, Koon, Law, Leach, Limehouse, Littlejohn, Loftis, Martin, McGee, Rice, Riser, Sharpe, D. Smith, R. Smith, Taylor, Townsend, Trotter, Walker, Witherspoon and Young-Brickell Drafted Document Number:l:\council\bills\ggs\22561sd00.doc Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Senior Citizens Property Tax Relief Act of 2000, Aging, Property, Taxation, Homestead exemption, Comptroller General History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ House 20000413 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill
TO ENACT THE "SOUTH CAROLINA SENIOR CITIZENS PROPERTY TAX RELIEF ACT OF 2000", INCLUDING PROVISIONS TO AMEND SECTION 12-37-250, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, AS AMENDED, RELATING TO THE ANNUAL HOMESTEAD EXEMPTION FOR TAXPAYERS SIXTY-FIVE AND OVER OR THOSE WHO ARE TOTALLY AND PERMANENTLY DISABLED OR LEGALLY BLIND, SO AS TO PROVIDE THAT THE DOLLAR AMOUNT OF THE HOMESTEAD EXEMPTION MUST BE ADJUSTED ANNUALLY BEGINNING IN 2000 BY THE COMPTROLLER GENERAL TO REFLECT ANY PERCENTAGE INCREASE IN THE PRIOR YEAR'S CONSUMER PRICE INDEX FOR THE SOUTHEAST REGION AS PUBLISHED BY THE UNITED STATES DEPARTMENT OF LABOR, AND TO AMEND SECTION 12-37-285, RELATING TO THE AUTHORITY OF A MUNICIPALITY TO ALLOW AN ADDITIONAL UNREIMBURSED HOMESTEAD EXEMPTION FROM MUNICIPAL TAXES FOR PROPERTY RECEIVING THE STATEWIDE HOMESTEAD EXEMPTION ALLOWED ON THE DWELLINGS OF PERSONS WHO HAVE ATTAINED AGE SIXTY-FIVE OR WHO ARE PERMANENTLY AND TOTALLY DISABLED, SO AS TO EXTEND THIS AUTHORITY TO ALL POLITICAL SUBDIVISIONS OF THE STATE, INCLUDING SCHOOL DISTRICTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. This act is known and may be cited as the "South Carolina Senior Citizens Property Tax Relief Act of 2000".
SECTION 2. Section 12-37-250 of the 1976 Code, as last amended by Act 107 of 1997, is further amended by adding a new paragraph at the end:
"The dollar amount of the homestead exemption provided for in this section must be adjusted annually beginning in 2000 by the Comptroller General to reflect any percentage increase in the prior year's consumer price index for the southeast region as published by the United States Department of Labor."
SECTION 3. A. Section 12-37-285 of the 1976 Code is amended to read:
"Section 12-37-285. Any incorporated municipality political subdivision in this State, including school districts or the governing body authorized by law to levy school taxes, may by ordinance or resolution, as applicable, may provide for homestead exemptions from municipal ad valorem taxes imposed by the political subdivision on real property for persons eligible for such exemptions the exemption allowed under Section 12-37-250. and in amounts The amount may not exceeding those provided exceed the amount of fair market value exempted in that section., but the Exemptions exemption may be in a lesser amount if the ordinance or resolution shall so provide provides. Applications for exemptions and other related procedures related thereto shall must be as prescribed in the ordinance providing for the exemption. Municipalities Political subdivisions establishing homestead exemptions under this section shall do not receive the reimbursement therefor from the general fund of the State provided for the exemption allowed pursuant to Section 12-37-250."
B. This section is effective for property tax years beginning after 1999.
SECTION 4. This act takes effect upon approval by the Governor.
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