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H 4385 - Expands tax exemptions for city housing authorities

Tracking Level: Of Interest
Sponsor: Chandra Dillard (D)
Last Action: 4/2/2019 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
General GovernanceNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Includes under the tax-exempt property of a city housing authority all leasehold interests in and improvements to its property that provides housing accommodations to persons of moderate to low income.

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Session 123 - (2019-2020)Printer Friendly
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H 4385 General Bill, By Dillard, Cobb-Hunter, Henderson-Myers, Herbkersman, Bannister and Elliott
Summary: Tax Exemptions
    A BILL TO AMEND SECTION 31-3-570, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TAX EXEMPTIONS FOR CITY HOUSING AUTHORITIES, SO AS TO PROVIDE THAT THE PROPERTY OF AN AUTHORITY INCLUDES CERTAIN LEASEHOLD INTERESTS IN AND IMPROVEMENTS TO PROPERTY OWNED BY AN ENTITY THAT PROVIDES HOUSING ACCOMMODATIONS TO PERSONS OF MODERATE TO LOW INCOME.
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04/02/19House Introduced and read first time (House Journal-page 61)
04/02/19House Referred to Committee on Ways and Means (House Journal-page 61)



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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc