South Carolina House bill in Session 126.
Status: in_committee. Latest action: January 15, 2025.
A BILL TO 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 SEVENTY-FIVE 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.
Homestead exemption
| Date | Event | Detail |
|---|---|---|
| 2025-01-15 | Introduced | Bill introduced |
| 2025-01-15 | Status | in_committee |
| 2025-01-15 | Latest Action | Referred to Committee on Ways and Means ( House Journal-page 53 ) |