Property Tax Classification

2025-2026 Bill 4608: Property Tax Classification - South Carolina Legislature Online

South Carolina General Assembly
126th Session, 2025-2026
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H. 4608
STATUS INFORMATION
General Bill
Sponsors: Reps. Kilmartin, Pope, Edgerton and White
Document Path: LC-0439SA26.docx
Introduced in the House on January 13, 2026
Currently residing in the House
Summary: Property Tax Classification
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 35
)

1/13/2026

House

Referred to Committee on
Ways and Means
(
House Journal-page 35
)

1/20/2026

House

Member(s) request name added as sponsor: White

1/30/2026

Scrivener's error corrected

View the latest
legislative information
at the website
VERSIONS OF THIS BILL
12/17/2025
01/30/2026

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING
SECTION
12-43-220
, RELATING TO PROPERTY TAX CLASSIFICATIONS AND ASSESSMENT
RATIOS, SO AS TO PROVIDE THAT LEGAL RESIDENCES INCLUDE CERTAIN DWELLINGS
LOCATED ON THE SAME PROPERTY AND INCLUDING THOSE OCCUPIED BY IMMEDIATE FAMILY
MEMBERS OF THE OWNER OF THE INTEREST.

B
e it enacted by the
General Assembly of the State of South Carolina:

S
ECTION 1.
S
ection
12-43-220
(c)(1) of the S.C. Code is amended to
read:

(
1) The legal residence and not more
than five acres contiguous thereto, when owned totally or in part in fee or by
life estate and occupied by the owner of the interest, and additional dwellings
located on the same property
and
, including those
occupied by immediate family members of
the owner of the interest, are taxed on an assessment equal to four percent of
the fair market value of the property. If residential real property is held in
trust and the income beneficiary of the trust occupies the property as a
residence, then the assessment ratio allowed by this item applies if the
trustee certifies to the assessor that the property is occupied as a residence
by the income beneficiary of the trust. When the legal residence is located on
leased or rented property and the residence is owned and occupied by the owner
of a residence on leased property, even though at the end of the lease period
the lessor becomes the owner of the residence, the assessment for the residence
is at the same ratio as provided in this item. If the lessee of property upon
which he has located his legal residence is liable for taxes on the leased
property, then the property upon which he is liable for taxes, not to exceed
five acres contiguous to his legal residence, must be assessed at the same
ratio provided in this item. If this property has located on it any rented
mobile homes or residences which are rented or any business for profit, this
four percent value does not apply to those businesses or rental properties.
However, if the person claiming the four percent assessment ratio resides in
the mobile home or single family residence and only rents a portion of the
mobile home or single family residence to another individual as a residence,
the foregoing provision does not apply and the four percent assessment ratio
must be applied to the entire mobile home or single family residence. For
purposes of the assessment ratio allowed pursuant to this item, a residence
does not qualify as a legal residence unless the residence is determined to be
the domicile of the owner-applicant.

S
ECTION 2. This act takes effect upon approval
by the Governor.

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This web page was last updated on January 30, 2026 at 1:58 PM