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Voices. Knowledge. Solutions.

H5252 - Abandoned buildings tax credit clarification

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5252
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Mark. Smith
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Clarifies that the existence of an incoming-producing use prior to the period of abandonment is not a requirement for eligibility. 

H5249 - Heirs' property

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5249
Session
2025 - 2026
Chamber
House
Sponsor
Rep. William G. "Bill" Herbkersman
Category
Planning and Zoning
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Prohibits a county from treating a transfer of heirs' property as a transfer requiring reassessment of the property.

H4672 - Exemption from impact fees

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4672
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Brandon Guffey
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Exempts the purchase of a residential structure assessed at 4% if the purchaser had another similar residence within the same school district for the previous 15 years. 

H4597 - Property tax exemptions for individuals over 65 years old

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4597
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Harriet Holman
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Exempts 100% of the fair market value of the primary residence of an individual who has reached 70 years old.

H4598 - Property tax exemption for motor vehicles

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4598
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Harriet Holman
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Allows an exemption from property taxes for one personal motor vehicle owned or leased by an individual who has reached 65 years old.

H4599 - Homestead property tax exemption

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4599
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Harriet Holman
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Exempts from property taxes the first $150,000 of the fair market value of the homestead. 

H4600 - Property tax exemption for veterans with a disability

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4600
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Harriet Holman
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Exempts a certain percent of the fair market value of an owner-occupied residential property if the owner is a veteran with a service-connected disability. 

H4602 - Special purpose district millage rates

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4602
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Wendell K. Jones
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Requires a special purpose district to adjust its millage rate to reflect the removal of service responsibilities following the consolidation of services.

H4703 - Enacts the SC Special Purpose District Accountability and Transparency Act

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4703
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Melissa L. Oremus
Category
Municipal government and operations
Committee
House Ways and Means Committee
Status
Adjourn debate
Staff Summary

Summary of the bill as introduced: Requires all special purpose districts to submit annual budgets, financial reports and audits to the state auditor.

House Subcommittee Action

03.24.2026 The House Ways and Means Economic Development subcommittee adjourned debate on this bill.

H4705 - Enacts the Volunteer Fire Sales Tax Exemption Act

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4705
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Luke Rankin
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Exempts certain firefighting equipment from the sales tax purchased by volunteer fire departments.