South Carolina General Assembly
125th Session, 2023-2024

Download This Bill in Microsoft Word Format

Indicates Matter Stricken
Indicates New Matter

H. 3834

STATUS INFORMATION

General Bill
Sponsors: Reps. Long and M.M. Smith
Document Path: LC-0123DG23.docx

Introduced in the House on January 26, 2023
Currently residing in the House Committee on Ways and Means

Summary: Assessment Ratios

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
1/26/2023 House Introduced and read first time (House Journal-page 10)
1/26/2023 House Referred to Committee on Ways and Means (House Journal-page 10)

View the latest legislative information at the website

VERSIONS OF THIS BILL

01/26/2023



A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-43-220, RELATING TO PROPERTY CLASSIFICATONS AND ASSESSMENT RATIOS, SO AS TO PROVIDE THAT FOR PURPOSES OF OBTAINING THE SPECIAL FOUR PERCENT ASSESSMENT RATE, A PERSON WHO OWNS AND OCCUPIES A RESIDENCE AS HIS LEGAL RESIDENCE IS DEEMED TO BE DOMICILED AT THE RESIDENCE IF THE PERSON IS IN THE UNITED STATES LEGALLY.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1.   Section 12-43-220(c)(2) of the S.C. Code is amended by adding a subitem to read:

   (ix) For purposes of obtaining the special four percent assessment rate allowed by this item only, and only to the extent that the taxpayer otherwise qualifies, a person who owns and occupies a residence as his legal residence is also deemed to be domiciled at that residence if the person is in the United States legally.

SECTION 2.   This act takes effect upon approval by the Governor and first applies to property tax years beginning after 2023.

----XX----

This web page was last updated on May 28, 2024 at 12:58 PM