South Carolina 2025-2026 Regular Session

South Carolina House Bill H4071 Latest Draft

Bill / Introduced Version Filed 02/20/2025

                            South Carolina General Assembly126th Session, 2025-2026

Bill 4071

Indicates Matter StrickenIndicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

                 A bill   TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-3150, RELATING TO DETERMINING WHEN AN ASSESSABLE TRANSFER OF INTEREST OCCURS, SO AS TO EXCLUDE TRANSFERS MADE AMONGST RELATED DESCENDANTS TO CLEAR THE TITLE OF the HEIRS' PROPERTY.   Be it enacted by the General Assembly of the State of South Carolina:   SECTION 1.  Section 12-37-3150(B) of the S.C. Code is amended by adding:       (16) transfers made amongst related descendants who have legal claim to heirs' property to clear the title of the heirs' property, whereby both the grantor and grantee owned an interest in the property prior to the transfer.   SECTION 2.  This act takes effect upon approval by the Governor and applies to property tax years beginning after 2024. ----XX---- 

 

 

 

 

 

 

 

 

A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-3150, RELATING TO DETERMINING WHEN AN ASSESSABLE TRANSFER OF INTEREST OCCURS, SO AS TO EXCLUDE TRANSFERS MADE AMONGST RELATED DESCENDANTS TO CLEAR THE TITLE OF the HEIRS' PROPERTY.

 

Be it enacted by the General Assembly of the State of South Carolina:

 

SECTION 1.  Section 12-37-3150(B) of the S.C. Code is amended by adding:

 

    (16) transfers made amongst related descendants who have legal claim to heirs' property to clear the title of the heirs' property, whereby both the grantor and grantee owned an interest in the property prior to the transfer.

 

SECTION 2.  This act takes effect upon approval by the Governor and applies to property tax years beginning after 2024.

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This web page was last updated on February 20, 2025 at 11:38 AM