SC H4595

Provides a 100% property tax exemption on the fair market value of a primary residence for individuals who are age 65 or older by December 31st, or who are fully disabled veterans

Exemption only applies if the primary residence has no mortgage lien (must be fully paid off)

Exemption does not apply to properties already exempt under Section 12-37-250 (existing exemption provisions)

Takes effect upon Governor's approval and first applies to property tax years after 2025