Bill Text: SC S0428 | 2011-2012 | 119th General Assembly | Amended
Bill Title: Municipal property tax
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: (Engrossed - Dead) 2012-05-01 - Referred to Committee on Ways and Means [S0428 Detail]
Download: South_Carolina-2011-S0428-Amended.html
AS PASSED BY THE SENATE
May 1, 2012
S. 428
Introduced by Senators Hayes, Hutto, Grooms, Land, O'Dell, Alexander and Knotts
S. Printed 5/1/12--S.
Read the first time January 25, 2011.
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-1-195 SO AS TO REQUIRE A LOCAL GOVERNMENT BODY TO DISPLAY NOTICE OF THE PROPERTY TAX EXEMPTION FOR A NEWLY CONSTRUCTED DETACHED SINGLE FAMILY HOME OFFERED FOR SALE BY A RESIDENTIAL BUILDER OR DEVELOPER IN A CONSPICUOUS PLACE AT ITS OFFICE WHERE A PERSON APPLIES FOR A CERTIFICATE OF OCCUPANCY, AND TO REQUIRE THE NOTICE TO ACCOMPANY A CERTIFICATE OF OCCUPANCY.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 1, Title 6 of the 1976 Code is amended by adding:
"Section 6-1-195. A local government body must prominently display notice of the property tax exemption for a newly constructed detached single family home offered for sale by a residential builder or developer pursuant to Section 12-37-220(B)(51) in a conspicuous place at its office where a person applies for a certificate of occupancy. If the certificate of occupancy is granted, written notification of the exemption must accompany the certificate."
SECTION 2. This act takes effect upon approval by the Governor.
