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Indicates Matter Stricken
Indicates New Matter
S. 660
STATUS INFORMATION
General Bill
Sponsors: Senators Rankin and Elliott
Document Path: l:\s-res\lar\004boat.dag.doc
Introduced in the Senate on April 10, 2007
Currently residing in the Senate Committee on Finance
Summary: Property tax exemptions
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 4/10/2007 Senate Introduced and read first time SJ-6 4/10/2007 Senate Referred to Committee on Finance SJ-6
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 12-37-220 OF THE 1976 CODE, RELATING TO PROPERTY TAX EXEMPTIONS, TO EXEMPT FORTY-TWO AND ONE-HALF PERCENT OF THE FAIR MARKET VALUE OF A BOAT, INCLUDING ITS MOTOR IF SEPARATELY TAXED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220 of the 1976 Code is amended by adding an appropriately numbered item at the end to read:
"( ) Forty-two and one-half percent of the fair market value of a boat, including its motor if separately taxed."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Monday, October 10, 2011 at 1:29 P.M.