S0768Introduced in the Senate
Homestead exemption
Introduced by Harvey Peeler, District 14
What does this bill do?
Plain-English breakdown
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Official description
Amend The South Carolina Code Of Laws By Amending Section 12-37-250, Relating To The Homestead Exemption, So As To Increase The Exemption To One Hundred Thousand Dollars And To Reduce The Age Eligibility To Sixty; By Amending Section 12-37-266, Relating To The Homestead Exemption, So As To Make A Conforming Change; By Amending Section 12-37-280, Relating To The Homestead Exemption, So As To Make A Conforming Change; By Amending Section 12-37-290, Relating To The Homestead Exemption, So As To Make A Conforming Change; By Amending Section 12-37-220, Relating To General Exemption From Taxes, So As To Make A Conforming Change; By Amending Section 11-11-150, Relating To Deductions For The Trust Fund For Tax Relief, So As To Make A Conforming Change; And By Repealing Section 12-37-245 Relating To The Homestead Exemption.
Where it stands
Referred to Committee on Ways and Means
February 24, 2026
How did lawmakers vote?
SenateStage: Senate: 3rd Reading · February 19, 2026
44
Yes
0
No
1
Absent or Not Voting
45 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Thomas Alexander | 1 | Yes |
| Rex Rice | 2 | Yes |
| Richard Cash | 3 | Yes |
| Michael Gambrell | 4 | Yes |
| Thomas Corbin | 5 | Yes |
| Jason Elliott | 6 | Yes |
| Karl Allen | 7 | Yes |
| Ross Turner | 8 | Yes |
| Danny Verdin | 9 | Yes |
| Billy Garrett | 10 | Yes |
Bill history
Introduced and read first time
Referred to Committee on Finance
Committee report: Favorable with amendment Finance
Scrivener's error corrected
Committee Amendment Adopted
Amended
Debate interrupted
Debate interrupted
Amended
Read second time
Roll call Ayes-44 Nays-0
Amended
Read third time and sent to House
Roll call Ayes-44 Nays-0
Scrivener's error corrected
Introduced and read first time
Referred to Committee on Ways and Means
Verify the information
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