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H3358Introduced in the House

Property tax exemption

IntroducedHouse Ways and Means

Introduced by Murrell Smith, District 67

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

Referred to Committee on Ways and Means

January 14, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Prefiled

  2. Referred to Committee on Ways and Means

  3. Introduced and read first time

  4. Referred to Committee on Ways and Means

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