South Carolina House Bill 3424: Property tax relief for seniors

South Carolina · 2025-2026 Regular Session

What it does

Amend The South Carolina Code Of Laws By Enacting The "south Carolina Property Tax Relief For Seniors Act"; By Amending Section 12-37-250, Relating To 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 Million Dollars Of The Fair Market Value Of The Homestead; And By Adding Article 12 To Chapter 36, Title 12 So As To Provide For An Additional Sales, Use, And Casual Excise Tax.

Latest action

Referred to Committee on Ways and Means (2025-01-14)

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