South CarolinaH 3358126th General Assembly (2025-2026)House

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT THE FIRST TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY; AND BY AMENDING SECTION 12-37-900, RELATING TO PROPERTY TAX RETURNS, SO AS TO PROVIDE THAT A TAXPAYER IS NOT REQUIRED TO RETURN BUSINESS PERSONAL PROPERTY FOR TAXATION IF THE TAXPAYER HAS LESS THAN TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY.

Sponsored By: G. Murrell Smith, Jr. (Republican)

In Committee

Summary

Property tax exemption

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • G. Murrell Smith, Jr.

    Republican • House

Cosponsors

  • Brandon Newton

    Republican • House

  • Bruce W. Bannister

    Republican • House

  • Cody T. Mitchell

    Republican • House

  • Micajah P. "Micah" Caskey IV

    Republican • House

  • Donald G. "Don" Chapman

    Republican • House

  • Cally R. "Cal" Forrest, Jr.

    Republican • House

  • Lee Hewitt

    Republican • House

  • M. Brian Lawson

    Republican • House

  • Steven Wayne Long

    Republican • House

  • John R. McCravy III

    Republican • House

  • Fawn M. Pedalino

    Republican • House

  • Thomas E. "Tommy" Pope

    Republican • House

  • Tiffany Spann-Wilder

    Democrat • House

  • Bill Taylor

    Republican • House

  • Wm. Weston J. Newton

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Committee on Ways and Means

    1/14/2025House
  2. Introduced and read first time

    1/14/2025House
  3. Referred to Committee on Ways and Means

    12/5/2024House
  4. Prefiled

    12/5/2024House

Bill Text

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