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S. 396
STATUS INFORMATION
General Bill
Sponsors: Senator Fair
Document Path: l:\council\bills\gjk\20213htc05.doc
Companion/Similar bill(s): 3429
Introduced in the Senate on February 2, 2005
Currently residing in the Senate Committee on Finance
Summary: Motor homes qualify as primary or secondary residence
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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2/2/2005 Senate Introduced and read first time SJ-17
2/2/2005 Senate Referred to Committee on Finance SJ-17
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 12-37-224, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO MOTOR HOMES WHICH QUALIFY AS A PRIMARY OR SECONDARY RESIDENCE FOR PURPOSES OF AD VALOREM PROPERTY TAX, SO AS TO INCLUDE TRAILERS USED FOR CAMPING AND RECREATIONAL TRAVEL PULLED BY A MOTOR VEHICLE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-224 of the 1976 Code is amended to read:
"Section 12-37-224. A motor home, or trailer used for camping and recreational travel that is pulled by a motor vehicle, on which the interest portion of indebtedness is deductible pursuant to the Internal Revenue Code as an interest expense on a qualified primary or second residence is also a primary or second residence for purposes of ad valorem property taxation in this State and is considered real property rather than personal property for property tax purposes."
SECTION 2. This act takes effect upon approval by the Governor and is applicable for travel trailer property tax years beginning after 2005.
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