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SC H4477

Bill

Status

Introduced

5/1/2025

Primary Sponsor

Kathy Landing

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Establishes the "Heirs' Property Tax Relief Act" in South Carolina

  • Excludes transfers of heirs' property among related descendants from triggering an assessable transfer of interest for property tax purposes

  • Applies only when both the grantor and grantee owned an interest in the property prior to the transfer and the purpose is to clear the title

  • Takes effect upon Governor's approval and applies to property tax years beginning after 2024

Legislative Description

Heirs' property

Last Action

Referred to Committee on Ways and Means

5/1/2025

Committee Referrals

Ways and Means5/1/2025

Full Bill Text

No bill text available