SC S0125 | 2025-2026 | 126th General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Engrossed on February 27 2025 - 50% progression
Action: 2025-03-05 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Engrossed on February 27 2025 - 50% progression
Action: 2025-03-05 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
Amend The South Carolina Code Of Laws By Amending Section 12-37-220, Relating To Property Tax Exemptions, So As To Provide That The Exemption For Certain Property Of A Nonprofit Housing Corporation Only Applies To The Percentage Of Property That Equals The Corporation's Ownership Interest In The Property, To Provide An Exception, And To Provide Certain Certification And Notice Requirements.
Title
Property tax exemption
Sponsors
Roll Calls
2025-02-26 - Senate - Senate: 2nd Reading (Y: 44 N: 0 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2025-03-05 | House | Referred to Committee on Ways and Means |
| 2025-03-05 | House | Introduced and read first time |
| 2025-02-27 | Senate | Read third time and sent to House |
| 2025-02-26 | Senate | Roll call Ayes-44 Nays-0 |
| 2025-02-26 | Senate | Read second time |
| 2025-02-26 | Senate | Committee Amendment Adopted |
| 2025-02-19 | Senate | Committee report: Favorable with amendment Finance |
| 2025-01-14 | Senate | Referred to Committee on Finance |
| 2025-01-14 | Senate | Introduced and read first time |
| 2024-12-11 | Senate | Referred to Committee on Finance |
| 2024-12-11 | Senate | Prefiled |
