South Carolina General Assembly
126th Session, 2025-2026
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Indicates Matter Stricken
Indicates New Matter
H. 4060
STATUS INFORMATION
General Bill
Sponsors: Rep. King
Document Path: LC-0249SA25.docx
Introduced in the House on February 19, 2025
Ways and Means
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 2/19/2025 | House | Introduced and read first time (House Journal-page 62) |
| 2/19/2025 | House | Referred to Committee on Ways and Means (House Journal-page 62) |
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VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT FORTY-TWO AND THREE QUARTERS PERCENT OF THE NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY.
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) forty-two and three quarters percent of the net depreciated value of business personal property.
SECTION 2. This act takes effect upon approval by the Governor.
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This web page was last updated on February 19, 2025 at 2:02 PM