2025-2026 Regular SessionSouth Carolina Legislature

H4060: Property tax exemption

Legislative Summary

Amend The South Carolina Code Of Laws By Amending Section 12-37-220, Relating To Property Tax Exemptions, So As To Exempt Forty-two And Three Quarters Percent Of The Net Depreciated Value Of Business Personal Property.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/19/2025
Introduced and read first time
House of Representatives
2/19/2025
Referred to Committee on Ways and Means
House of Representatives

Status Information

Current Status
Introduced(2/19/2025)
Chamber
House of Representatives
Committee
Ways and Means(House of Representatives)

Sponsors

Democrat: 1

Primary Sponsor

John King
John King
Democrat

Documents

Introduced
Bill Text2/19/20255.8 KB