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Indicates Matter Stricken
Indicates New Matter
S. 1119
STATUS INFORMATION
General Bill
Sponsors: Senator Fanning
Document Path: l:\council\bills\nbd\11342dg22.docx
Introduced in the Senate on March 3, 2022
Introduced in the House on April 19, 2022
Last Amended on April 7, 2022
Currently residing in the House Committee on Ways and Means
Summary: Property tax exemption
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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3/3/2022 Senate Introduced and read first time (Senate Journal-page 3)
3/3/2022 Senate Referred to Committee on Finance (Senate Journal-page 3)
3/29/2022 Senate Committee report: Favorable with amendment Finance
(Senate Journal-page 16)
4/7/2022 Senate Committee Amendment Adopted (Senate Journal-page 50)
4/7/2022 Senate Read second time (Senate Journal-page 50)
4/7/2022 Senate Roll call Ayes-34 Nays-5 (Senate Journal-page 50)
4/7/2022 Senate Unanimous consent for third reading on next legislative
day (Senate Journal-page 50)
4/8/2022 Senate Read third time and sent to House (Senate Journal-page 4)
4/19/2022 House Introduced and read first time (House Journal-page 212)
4/19/2022 House Referred to Committee on Ways and Means
(House Journal-page 212)
View the latest legislative information at the website
VERSIONS OF THIS BILL
COMMITTEE AMENDMENT ADOPTED
April 7, 2022
S. 1119
S. Printed 4/7/22--S.
Read the first time March 3, 2022.
TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT ALL REAL PROPERTY OWNED BY A NONPROFIT EDUCATIONAL FOUNDATION OF A PUBLIC SCHOOL DISTRICT AND WHICH IS DEVOTED TO PROVIDING HOUSING FOR CLASSROOM TEACHERS.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B)(11) of the 1976 Code, as last amended by Act 68 of 2021, is further amended by adding an appropriately lettered subitem to read:
"( ) all real property owned by a nonprofit educational foundation of a public school district and which is devoted to providing housing for teachers and teacher interns in the school district, so long as the property was exempt from property taxes for at least the previous ten property tax years;"
SECTION 2. This act takes effect upon approval by the Governor and first applies to property tax years beginning after 2021.
This web page was last updated on April 20, 2022 at 9:14 AM