SC H3671 | 2021-2022 | 124th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 14 2021 - 25% progression, died in committee
Action: 2021-01-14 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Amendment To Section 6, Article X Of The Constitution Of South Carolina, 1895, Relating To Property Tax And The Method Of Valuation Of Real Property And The Limits On Increases In The Value Of Real Property For Purposes Of The Property Tax, So As To Require The General Assembly To Provide By Law A Definition Of "fair Market Value" For Real Property For Purposes Of The Property Tax, To Eliminate The Fifteen Percent Limit On Increases In The Value Of Real Property Over Five Years And To Eliminate An Assessable Transfer Of Interest As An Event That May Change The Value Of The Real Property.

Tracking Information

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Title

Property tax

Sponsors


History

DateChamberAction
2021-01-14HouseReferred to Committee on Ways and Means
2021-01-14HouseIntroduced and read first time

South Carolina State Sources


Bill Comments

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