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Indicates Matter Stricken
Indicates New Matter
Sponsors: Senator Young
Document Path: l:\s-res\try\007asse.eb.try.docx
Introduced in the Senate on January 10, 2017
Introduced in the House on February 8, 2017
Last Amended on February 2, 2017
Currently residing in the House Committee on Ways and Means
Summary: County equalization and reassessment
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/13/2016 Senate Prefiled 12/13/2016 Senate Referred to Committee on Finance 1/10/2017 Senate Introduced and read first time (Senate Journal-page 49) 1/10/2017 Senate Referred to Committee on Finance (Senate Journal-page 49) 1/31/2017 Senate Committee report: Favorable with amendment Finance (Senate Journal-page 24) 2/1/2017 Scrivener's error corrected 2/2/2017 Senate Committee Amendment Adopted (Senate Journal-page 11) 2/2/2017 Senate Read second time (Senate Journal-page 11) 2/2/2017 Senate Roll call Ayes-39 Nays-0 (Senate Journal-page 11) 2/7/2017 Senate Read third time and sent to House (Senate Journal-page 30) 2/8/2017 House Introduced and read first time (House Journal-page 2) 2/8/2017 House Referred to Committee on Ways and Means (House Journal-page 2)
View the latest legislative information at the website
VERSIONS OF THIS BILL
COMMITTEE AMENDMENT ADOPTED
February 2, 2017
S. Printed 2/2/17--S.
Read the first time January 10, 2017.
TO AMEND SECTION 12-43-220(c)(2) OF THE 1976 CODE, RELATING TO PROGRAMS AND UNIFORM ASSESSMENT RATIOS FOR COUNTY EQUALIZATION AND REASSESSMENT, TO PROVIDE THAT AN OWNER ELIGIBLE FOR AND RECEIVING THE SPECIAL ASSESSMENT PURSUANT TO SECTION 12-43-220(c) WHO IS RESIDING AT A NURSING HOME RETAINS THE SPECIAL ASSESSMENT RATIO OF FOUR PERCENT FOR AS LONG AS THE OWNER REMAINS IN THE NURSING HOME.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-43-220(c)(2) of the 1976 Code is amended by adding a subitem at the end to read:
"(ix) If an owner who is entitled to the special assessment ratio for owner-occupied residential property allowed pursuant to this item (c), becomes a patient at a nursing home or a community residential care facility, then the owner retains the four percent assessment ratio and applicable exemptions for as long as the owner remains in the home or facility so long as the owner otherwise qualifies, has an intention of returning to the property, and the property is not rented in excess of the amount allowed by this subitem(c)(2). For purposes of this subitem, nursing home and community residential care facility have the same meaning as provided in Section 44-7-130."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on February 9, 2017 at 3:29 PM