SC H4475 | 2025-2026 | 126th General Assembly

South Carolina House Bill 4475

Status

Sponsorship: Partisan Bill (Republican 3)
Status: Introduced on May 1 2025 - 25% progression
Action: 2025-05-01 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend The South Carolina Code Of Laws By Amending Section 12-37-220, Relating To Property Tax Exemptions, So As To Provide That The Exemption For Certain Property Of A Nonprofit Housing Corporation Only Applies To The Percentage Of Property That Equals The Corporation's Ownership Interest In The Property, To Provide An Exception, And To Provide Certain Certification And Notice Requirements.

Title

Nonprofit housing corporations

History

Date	Chamber	Action
2025-05-01	House	Referred to Committee on Ways and Means
2025-05-01	House	Introduced and read first time

Same As/Similar To

S0125 (Similar To) 2025-03-05 - Referred to Committee on Ways and Means

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
12	37	220	(n/a)	See Bill Text

South Carolina State Sources

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=4475&session=126&summary=B
Text	https://www.scstatehouse.gov/sess126_2025-2026/prever/4475_20250501.htm