South Carolina H 3511: Homestead Exemption

Bill Text

2025-2026 Bill 3511 Text of Previous Version (Dec. 06, 2024) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3511

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 12-37-250, 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 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.

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

SECTION 1. Section 12-37-250(A)(1) of the 
S.C. Code is amended to read:

 (A)(1) The first fifty one hundred 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.

SECTION 2. Section 12-37-245 of the S.C. Code is repealed.

SECTION 
3. This act takes effect upon approval by the Governor and first applies to 
property tax years beginning after 2024.

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This web page was last updated on December 06, 2024 at 12:20 PM