SC S0848

Reserves to the South Carolina General Assembly exclusive authority over any taxation, prohibition, restriction, fee, or regulation regarding the use, disposition, or sale of co-owned homes located in municipalities

Defines "co-owned home" as a residential dwelling in a municipality jointly owned by any combination of individuals or entities for the owners' use and enjoyment

Preempts and supersedes any municipal ordinances that regulate or impose restrictions, fees, or taxes on co-owned homes

Preserves municipal authority to regulate rentals of co-owned homes, provided regulations do not restrict owners' personal use or non-paying guests

Allows municipalities to enforce land use regulations only if applied equally to all residential dwellings and co-owned homes are not treated as commercial uses; county regulatory authority over co-owned homes remains unchanged