South CarolinaS 0125126th General Assembly (2025-2026)Senate

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE THAT THE EXEMPTION FOR CERTAIN PROPERTY OF A NONPROFIT HOUSING CORPORATION ONLY APPLIES TO THE PERCENTAGE OF PROPERTY THAT EQUALS THE CORPORATION'S OWNERSHIP INTEREST IN THE PROPERTY, TO PROVIDE AN EXCEPTION, AND TO PROVIDE CERTAIN CERTIFICATION AND NOTICE REQUIREMENTS.

Sponsored By: Michael Johnson (Republican)

Passed

Summary

Property tax exemption

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael Johnson

    Republican • Senate

Cosponsors

  • Tameika Isaac Devine

    Democrat • Senate

  • Ed Sutton

    Democrat • Senate

  • Overture Walker

    Democrat • Senate

Roll Call Votes

All Roll Calls

Yes: 44 • No: 0

Senate vote 2/26/2025

(Property tax exemption)2nd Reading

Yes: 44 • No: 0

Actions Timeline

  1. Referred to Committee on Ways and Means

    3/5/2025House
  2. Introduced and read first time

    3/5/2025House
  3. Read third time and sent to House

    2/27/2025Senate
  4. Roll call Ayes-44 Nays-0

    2/26/2025Senate
  5. Read second time

    2/26/2025Senate
  6. Committee Amendment Adopted

    2/26/2025Senate
  7. Committee report: Favorable with amendment Finance

    2/19/2025Senate
  8. Referred to Committee on Finance

    1/14/2025Senate
  9. Introduced and read first time

    1/14/2025Senate
  10. Referred to Committee on Finance

    12/11/2024Senate
  11. Prefiled

    12/11/2024Senate

Bill Text

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