South Carolina H 4597: Local hospitality tax

Bill Text

2025-2026 Bill 4597 Text of Previous Version (Dec. 17, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4597

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 CERTAIN PROPERTY TAX EXEMPTIONS FOR INDIVIDUALS OVER THE AGE OF 
SIXTY-FIVE.

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 fair market value of the primary residence of an 
individual who has reached the age of seventy years on or before December 
thirty-first, eighty percent of the fair market value of the primary residence 
of an individual who has reached the age of sixty-nine years on or before 
December thirty-first, sixty percent of the fair market value of the primary 
residence of an individual who has reached the age of sixty-eight years on or 
before December thirty-first, forty percent of the fair market value of a 
primary residence of an individual who has reached the age of sixty-seven years 
on or before December thirty-first, and twenty percent of the fair market value 
of the primary residence of an individual who has reached the age of sixty-six 
years on or before December thirty-first.

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

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This web page was last updated on December 17, 2025 at 12:45 PM