South Carolina General Assembly
126th Session, 2025-2026
Download This Bill in Microsoft Word Format
Indicates Matter Stricken
Indicates New Matter
S. 317
STATUS INFORMATION
General Bill
Sponsors: Senators Goldfinch, Fernandez, Stubbs, Cash, Grooms, Gambrell, Davis, Leber, Johnson, Zell, Turner and Climer
Document Path: SR-0214KM25.docx
Introduced in the Senate on February 5, 2025
Finance
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 2/5/2025 | Senate | Introduced and read first time (Senate Journal-page 44) |
| 2/5/2025 | Senate | Referred to Committee on Finance (Senate Journal-page 44) |
View the latest legislative information at the website
VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO THE GENERAL EXEMPTION FROM PROPERTY TAXES, SO AS TO PROVIDE A PROPERTY TAX EXEMPTION OF FIFTY PERCENT OF THE FAIR MARKET VALUE OF WATERCRAFT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B) of the S.C. Code is amended by adding:
(54) fifty percent of the fair market value of watercraft as defined in Section 50-23-5.
SECTION 2. This act takes effect on January 1, 2026, and first applies to property tax years beginning after 2026.
----XX----
This web page was last updated on February 5, 2025 at 2:33 PM