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SC H4600

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Harriet Holman

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Creates a property tax exemption for owner-occupied residential property owned by veterans with service-connected disabilities rated at least 10%
  • Exemption percentage equals the veteran's disability rating percentage (e.g., 50% disability = 50% exemption from fair market value)
  • Applies to county, municipal, school, and special assessment real estate property taxes
  • Surviving spouses may retain the exemption under the same terms as existing surviving spouse exemption rules
  • Takes effect upon Governor's approval and applies to property tax years beginning after 2025

Legislative Description

Property tax exemption

Last Action

Member(s) request name added as sponsor: Schuessler

1/21/2026

Committee Referrals

Ways and Means12/16/2025

Full Bill Text

No bill text available