H 3358

South Carolina House bill in Session 126.

Status: in_committee. Latest action: January 14, 2025.

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 THE FIRST TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY; AND BY AMENDING SECTION 12-37-900, RELATING TO PROPERTY TAX RETURNS, SO AS TO PROVIDE THAT A TAXPAYER IS NOT REQUIRED TO RETURN BUSINESS PERSONAL PROPERTY FOR TAXATION IF THE TAXPAYER HAS LESS THAN TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY.

Bill ID SC-126-H-3358

Session 126

Status in_committee

Committee Ways and Means

House in_committee 2025-01-14

Business / Commerce Tax / Budget / Appropriations

Summary

Property tax exemption

Sponsor

G.M. Smith

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2024-12-05	Introduced	Bill introduced
2025-01-14	Status	in_committee
2025-01-14	Latest Action	Referred to Committee on Ways and Means ( House Journal-page 179 )

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