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H 4222 - Allows for an additional homestead exemption for any increase in value attributable to the periodic countywide appraisal

Tracking Level: Of Interest
Sponsor: West Cox
Last Action: 4/20/2021 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

03.30.2022 The House Ways and Means Property Tax subcommittee adjourned debate on this bill.
Summary of the bill as introduced: Allows for an additional homestead property tax exemption for any increase in value attributable to the periodic countywide appraisal and equalization program.

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
H 4222 General Bill, By W. Cox and Dillard
Summary: Additional homestead tax exemption
    A BILL TO AMEND SECTION 12-37-250, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ORIGINAL HOMESTEAD TAX EXEMPTION, SO AS TO ALLOW FOR AN ADDITIONAL EXEMPTION FOR ANY INCREASE IN VALUE ATTRIBUTABLE TO THE PERIODIC COUNTYWIDE APPRAISAL AND EQUALIZATION PROGRAM.
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04/20/21House Introduced and read first time (House Journal-page 3)
04/20/21House Referred to Committee on Ways and Means (House Journal-page 3)



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