South Carolina General Assembly126th Session, 2025-2026
Bill 4477
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 ENACTing THE "HEIRS' PROPERTY TAX RELIEF ACT" BY AMENDING SECTION 12-37-3150, RELATING TO DETERMINING WHEN An ASSESSIBLE TRANSFER OF INTEREST OCCURS, SO AS TO EXCLUDE TRANSFERS MADE AMONG FAMILY MEMBERS TO CLEAR THE TITLE OF HEIRS' PROPERTy. Be it enacted by the General Assembly of the State of South Carolina: SECTION 1. This act may be cited as the "Heirs' Property Tax Relief Act." SECTION 2. Section 12-37-3150(B) of the S.C. Code is amended by adding: (16) transfers made among 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 3. 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 ENACTing THE "HEIRS' PROPERTY TAX RELIEF ACT" BY AMENDING SECTION 12-37-3150, RELATING TO DETERMINING WHEN An ASSESSIBLE TRANSFER OF INTEREST OCCURS, SO AS TO EXCLUDE TRANSFERS MADE AMONG FAMILY MEMBERS TO CLEAR THE TITLE OF HEIRS' PROPERTy.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. This act may be cited as the "Heirs' Property Tax Relief Act."
SECTION 2. Section 12-37-3150(B) of the S.C. Code is amended by adding:
(16) transfers made among 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 3. This act takes effect upon approval by the Governor and applies to property tax years beginning after 2024.
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