South Carolina S 264: Property tax exemptions

Bill Text

2025-2026 Bill 264 Text of Previous Version (Feb. 26, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 264

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

Indicates Matter Stricken

Indicates New Matter

Amended

February 26, 2025

S. 264

Introduced by Senators Peeler, Climer, Ott, 
Johnson, Kimbrell, Williams, Turner, Rice, Corbin, Bennett, Garrett and 
Alexander 

S. Printed 2/26/25--S.

Read the first time January 28, 2025

________

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 
12-37-160 SO AS TO PROVIDE THAT CERTAIN PROPERTY MAY NOT BE ANNEXED BY A 
MUNICIPALITY WITHOUT EXPRESS WRITTEN AGREEMENT OF THE OWNER.

 Amend Title To Conform

Be it enacted by the General 
Assembly of the State of South Carolina:

SECTION 1. Article 1, Chapter 37, Title 12 of the S.C. Code is 
amended by adding:

 Section 
12-37-160. Notwithstanding any other provision of law, any real property upon 
which farm buildings or agricultural structures exempt from taxation pursuant 
to Section 12-37-220(B)(14) are situated or any real property that is assessed 
pursuant to Section 12-43-220(d), or any real property under direct or indirect 
common ownership that is adjacent to the exempt property, may not be annexed by 
a municipality without the express written agreement of the owner of the real 
property to be annexed.

SECTION 2. Chapter 3, Title 5 of the S.C. Code is amended by 
adding:

 Section 
5-3-25. No municipality may annex, under the provisions of this chapter, any 
real property upon which farm buildings or agricultural structures exempt from 
taxation pursuant to Section 12-37-220(B)(14) are situated or any real property 
that is assessed pursuant to Section 12-43-220(d), or any real property under 
direct or indirect common ownership that is adjacent to the exempt property, 
without the express written agreement of the owner of the real property to be 
annexed as provided in Section 12-37-160.

SECTION 3. This act takes effect upon approval 
by the Governor.

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This web page was last updated on February 26, 2025 at 04:48 PM