Exempts certain residential property purchases from impact fees if the purchaser had another residence in the same school district for 15 years.

South Carolina H4672 amends the state code to exempt the purchase of residential structures from impact fees if the purchaser had another similar residence within the same school district for the previous fifteen years. This exemption applies to fees charged for public facilities for grades K-12. If the fee has been paid, the purchaser is entitled to a refund. The act takes effect upon approval by the Governor.

Exempts certain residential property purchases from impact fees if the purchaser had another residence in the same school district for 15 years.

South Carolina H4672 amends the state code to exempt the purchase of residential structures from impact fees if the purchaser had another similar residence within the same school district for the previous fifteen years. This exemption applies to fees charged for public facilities for grades K-12. If the fee has been paid, the purchaser is entitled to a refund. The act takes effect upon approval by the Governor.