SC H5264 | 2023-2024 | 125th General Assembly

South Carolina House Bill 5264

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 13 2024 - 25% progression
Action: 2024-03-13 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend The South Carolina Code Of Laws By Amending Section 12-37-250, Relating To The Homestead Property Tax Exemption Allowed For Persons Who Are Over The Age Of Sixty-five Years, Disabled, Or Legally Blind, So As To Set The Exemption Amount As The Greater Of The First Fifty Thousand Dollars Or The First Thirty-three Percent Of The Fair Market Value Of The Homestead; And By Repealing Section 12-37-245 Relating To An Obsolete Reference To The Homestead Exemption.

Title

Homestead exemption

History

Date	Chamber	Action
2024-03-13	House	Referred to Committee on Ways and Means
2024-03-13	House	Introduced and read first time

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
12	37	245	(n/a)	See Bill Text
12	37	250	(n/a)	See Bill Text

South Carolina State Sources

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=5264&session=125&summary=B
Text	https://www.scstatehouse.gov/sess125_2023-2024/prever/5264_20240313.htm