South CarolinaH 3424126th General Assembly (2025-2026)House

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA PROPERTY TAX RELIEF FOR SENIORS ACT"; BY AMENDING SECTION 12-37-250, RELATING TO HOMESTEAD PROPERTY TAX EXEMPTION ALLOWED FOR PERSONS WHO ARE OVER THE AGE OF SIXTY-FIVE YEARS, DISABLED, OR LEGALLY BLIND, SO AS TO INCREASE THE EXEMPTION AMOUNT FROM THE FIRST FIFTY THOUSAND DOLLARS TO THE FIRST ONE MILLION DOLLARS OF THE FAIR MARKET VALUE OF THE HOMESTEAD; AND BY ADDING ARTICLE 12 TO CHAPTER 36, TITLE 12 SO AS TO PROVIDE FOR AN ADDITIONAL SALES, USE, AND CASUAL EXCISE TAX.

Sponsored By: John R. McCravy III (Republican)

In Committee

Summary

Property tax relief for seniors

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • John R. McCravy III

    Republican • House

Cosponsors

  • James Mikell "Mike" Burns

    Republican • House

  • Cody T. Mitchell

    Republican • House

  • William M. "Bill" Chumley

    Republican • House

  • Cally R. "Cal" Forrest, Jr.

    Republican • House

  • Leon D. "Doug" Gilliam

    Republican • House

  • M. Brian Lawson

    Republican • House

  • Marvin "Mark" Smith

    Republican • House

  • David Martin

    Republican • House

  • Thomas E. "Tommy" Pope

    Republican • House

  • Luke S. Rankin

    Republican • House

  • Travis A. Moore

    Republican • House

  • David Vaughan

    Republican • House

  • Mark N. Willis

    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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