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H4599 • 2026
Homestead Exemption
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Homestead Exemption
Introduced and read first time ( House Journal-page 33 )
Referred to Committee on Ways and Means ( House Journal-page 33 )
Prefiled
Referred to Committee on Ways and Means
Homestead Exemption
2025-2026 Bill 4599: Homestead Exemption - South Carolina Legislature Online South Carolina General Assembly 126th Session, 2025-2026 Download This Bill in Microsoft Word Format Indicates Matter Stricken Indicates New Matter H. 4599 STATUS INFORMATION General Bill Sponsors: Reps. Holman, C. Mitchell, Pope and Edgerton Companion/Similar bill(s): 3419 Document Path: LC-0436SA26.docx Introduced in the House on January 13, 2026 Currently residing in the House Committee on Ways and Means Summary: Homestead Exemption HISTORY OF LEGISLATIVE ACTIONS Date Body Action Description with journal page number 12/16/2025 House Prefiled 12/16/2025 House Referred to Committee on Ways and Means 1/13/2026 House Introduced and read first time ( House Journal-page 33 ) 1/13/2026 House Referred to Committee on Ways and Means ( House Journal-page 33 ) View the latest legislative information at the website VERSIONS OF THIS BILL 12/17/2025 A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-250 , RELATING TO THE HOMESTEAD PROPERTY TAX EXEMPTION ALLOWED FOR PERSONS WHO ARE OVER THE AGE OF SIXTY-FIVE YEARS, DISABLED, OR LEGALLY BLIND, SO AS TO INCREASE THE EXEMPTION AMOUNT FROM THE FIRST FIFTY THOUSAND DOLLARS TO THE FIRST ONE HUNDRED FIFTY THOUSAND DOLLARS OF THE FAIR MARKET VALUE OF THE HOMESTEAD; AND BY REPEALING SECTION 12-37-245 RELATING TO AN OBSOLETE REFERENCE TO THE HOMESTEAD EXEMPTION. B e it enacted by the General Assembly of the State of South Carolina: S ECTION 1. S ection 12-37-250 (A)(1) of the S.C. Code is amended to read: ( 1) The first one hundred fifty thousand dollars of the fair market value of the dwelling place of a person is exempt from county, municipal, school, and special assessment real estate property taxes when the person: ( i) has been a resident of this State for at least one year and has reached the age of sixty-five years on or before December thirty-first; ( ii) has been classified as totally and permanently disabled by a state or federal agency having the function of classifying persons; or ( iii) is legally blind as defined in Section 43-25-20 , preceding the tax year in which the exemption is claimed and holds complete fee simple title or a life estate to the dwelling place. A person claiming to be totally and permanently disabled, but who has not been classified by one of the agencies, may apply to the state agency of Vocational Rehabilitation. The agency shall make an evaluation of the person using its own standards. S ECTION 2. Section 12-37-245 of the S.C. Code is repealed. S ECTION 3. This act takes effect upon approval by the Governor and applies to property tax years beginning after 2025. ----XX---- This web page was last updated on January 13, 2026 at 2:42 PM