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H. 4506
STATUS INFORMATION
General Bill
Sponsors: Reps. Jones, Oremus and Bennett
Document Path: l:\council\bills\sm\20183sa22.docx
Introduced in the House on January 11, 2022
Currently residing in the House Committee on Ways and Means
Summary: Motorcycle Assessment Ratio
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 11/10/2021 House Prefiled 11/10/2021 House Referred to Committee on Ways and Means 1/11/2022 House Introduced and read first time (House Journal-page 39) 1/11/2022 House Referred to Committee on Ways and Means (House Journal-page 39)
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VERSIONS OF THIS BILL
TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE A PROPERTY TAX EXEMPTION FOR ONE THIRD OF THE VALUE OF ANY MOTORCYCLE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B) of the 1976 Code, as last amended by Act 145 of 2020, is further amended by adding an appropriately numbered item at the end to read:
"( ) one third of the value of a motorcycle, as defined in Section 56-1-10(8)."
SECTION 2. This act takes effect beginning in property tax years after 2021.
This web page was last updated on
January 12, 2022 at 3:31 PM