SC S0223 | 2025-2026 | 126th General Assembly

South Carolina Senate Bill 223

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 15 2025 - 25% progression
Action: 2025-01-15 - Referred to Committee on Finance
Pending: Senate Finance 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 Increase The Exemption Amount From The First Fifty Thousand Dollars To The First One Hundred Thousand Dollars 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
2025-01-15	Senate	Referred to Committee on Finance
2025-01-15	Senate	Introduced and read first time

Same As/Similar To

H3427 (Similar To) 2025-01-14 - Referred to Committee on Ways and Means
H3511 (Similar To) 2025-01-14 - Referred to Committee on Ways and Means

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=0223&session=126&summary=B
Text	https://www.scstatehouse.gov/sess126_2025-2026/prever/223_20250115.htm