Increases the homestead exemption for seniors, disabled, and legally blind residents in South Carolina.

This bill amends the South Carolina Code to increase the homestead exemption from the first $50,000 to the first $100,000 of the fair market value of a dwelling place for residents who are over 65, classified as totally and permanently disabled, or legally blind. It also repeals an obsolete reference to the homestead exemption. The exemption applies to county, municipal, school, and special assessment real estate property taxes.

Increases the homestead exemption for seniors, disabled, and legally blind residents in South Carolina.

This bill amends the South Carolina Code to increase the homestead exemption from the first $50,000 to the first $100,000 of the fair market value of a dwelling place for residents who are over 65, classified as totally and permanently disabled, or legally blind. It also repeals an obsolete reference to the homestead exemption. The exemption applies to county, municipal, school, and special assessment real estate property taxes.