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A Joint Resolution Proposing an Amendment to Section 6, Article X of the Constitution of South Carolina, 1895, Relating to Property Tax and the Method of Valuation of Real Property and the Limits on Increases in the Value of Real Property for Purposes of the Property Tax, So as to Require the General Assembly to Provide by Law a Definition of "Fair Market Value" for Real Property for Purposes of the Property Tax, to Eliminate the Fifteen Percent Limit on Increases in the Value of Real Property Over Five Years and to Eliminate an Assessable Transfer of Interest as an Event That May Change the Value of the Real Property.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

SC H 3485 · H · 2017-2018

Stage
Session ended
Sponsor
1
Latest action
Jan 17, 2017

Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Jan 17, 2017

  3. Floor (Needs attention)

    The session ended first

  4. Law (Not started)

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in South Carolina.

Work with this bill

A JOINT RESOLUTION PROPOSING AN AMENDMENT TO SECTION 6, ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO PROPERTY TAX AND THE METHOD OF VALUATION OF REAL PROPERTY AND THE LIMITS ON INCREASES IN THE VALUE OF REAL PROPERTY FOR PURPOSES OF THE PROPERTY TAX, SO AS TO REQUIRE THE GENERAL ASSEMBLY TO PROVIDE BY LAW A DEFINITION OF "FAIR MARKET VALUE" FOR REAL PROPERTY FOR PURPOSES OF THE PROPERTY TAX, TO ELIMINATE THE FIFTEEN PERCENT LIMIT ON INCREASES IN THE VALUE OF REAL PROPERTY OVER FIVE YEARS AND TO ELIMINATE AN ASSESSABLE TRANSFER OF INTEREST AS AN EVENT THAT MAY CHANGE THE VALUE OF THE REAL PROPERTY. | 52