South Carolina H 4580: Provide that proceeds in educational lottery account may be used only for higher education tuition assistance and scholarships

Bill Text

2025-2026 Bill 4580 Text of Previous Version (Dec. 17, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4580

Indicates Matter Stricken
Indicates New Matter

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

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS 
BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO 
PROVIDE FOR PROPERTY TAX EXEMPTIONS ON THE PRIMARY RESIDENCE OF INDIVIDUALS WHO 
HAVE REACHED AGE SEVENTY.

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

SECTION 1. Section 12-37-220(B) of the 
S.C. Code is amended by adding:

 (54) to the extent not already exempt pursuant to Section 12-37-250, one 
hundred percent of the value of a property that qualifies as a legal residence 
pursuant to Section 12-43-220(c)(1) and is owned by an individual who has 
reached the age of seventy years on or before December thirty-first.

SECTION 
2. This act takes effect upon approval by the Governor and first applies to 
property tax years after 2025.

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This web page was last updated on December 17, 2025 at 12:56 PM