S 0125 General Bill, By Johnson, Sutton, Devine and Walker
Summary: Property tax exemption
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE THAT THE EXEMPTION FOR CERTAIN PROPERTY OF A NONPROFIT HOUSING CORPORATION ONLY APPLIES TO THE PERCENTAGE OF PROPERTY THAT EQUALS THE CORPORATION'S OWNERSHIP INTEREST IN THE PROPERTY, TO PROVIDE AN EXCEPTION, AND TO PROVIDE CERTAIN CERTIFICATION AND NOTICE REQUIREMENTS.
View full text          View Vote History          View Fiscal Impact

12/11/24	Senate	Prefiled
12/11/24	Senate	Referred to Committee on Finance
01/14/25	Senate	Introduced and read first time (Senate Journal-page 82)
01/14/25	Senate	Referred to Committee on Finance (Senate Journal-page 82)
02/19/25	Senate	Committee report: Favorable with amendment Finance (Senate Journal-page 10)
02/26/25	Senate	Committee Amendment Adopted (Senate Journal-page 23)
02/26/25	Senate	Read second time (Senate Journal-page 23)
02/26/25	Senate	Roll call Ayes-44 Nays-0 (Senate Journal-page 23)
02/27/25	Senate	Read third time and sent to House (Senate Journal-page 10)
03/05/25	House	Introduced and read first time (House Journal-page 9)
03/05/25	House	Referred to Committee on Ways and Means (House Journal-page 9)