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| 1 | 1 | South Carolina General Assembly126th Session, 2025-2026 | |
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| 3 | 3 | Bill 317 | |
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| 5 | 5 | Indicates Matter StrickenIndicates New Matter | |
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| 7 | 7 | (Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.) | |
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| 9 | 9 | A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO THE GENERAL EXEMPTION FROM PROPERTY TAXES, SO AS TO PROVIDE A PROPERTY TAX EXEMPTION OF FIFTY PERCENT OF THE FAIR MARKET VALUE OF WATERCRAFT. Be it enacted by the General Assembly of the State of South Carolina: SECTION 1. Section 12-37-220(B) of the S.C. Code is amended by adding: (54) fifty percent of the fair market value of watercraft as defined in Section 50-23-5. SECTION 2. This act takes effect on January 1, 2026, and first applies to property tax years beginning after 2026. ----XX---- | |
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| 27 | 27 | A bill | |
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| 31 | 31 | TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO THE GENERAL EXEMPTION FROM PROPERTY TAXES, SO AS TO PROVIDE A PROPERTY TAX EXEMPTION OF FIFTY PERCENT OF THE FAIR MARKET VALUE OF WATERCRAFT. | |
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| 35 | 35 | Be it enacted by the General Assembly of the State of South Carolina: | |
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| 39 | 39 | SECTION 1. Section 12-37-220(B) of the S.C. Code is amended by adding: | |
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| 43 | 43 | (54) fifty percent of the fair market value of watercraft as defined in Section 50-23-5. | |
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| 47 | 47 | SECTION 2. This act takes effect on January 1, 2026, and first applies to property tax years beginning after 2026. | |
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| 49 | 49 | ----XX---- | |
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| 51 | 51 | This web page was last updated on February 05, 2025 at 02:33 PM |