Provides a property tax exemption for one personal motor vehicle for individuals over 65 years old.

This bill amends South Carolina's property tax code to provide a full exemption for individuals aged 70 and older and a partial exemption for those aged 65 to 69. To qualify, individuals must have paid full motor vehicle property taxes for at least five years. The exemption applies to one personal vehicle, regardless of ownership or lease status, and is not subject to income limitations. The exemption takes effect after 2025.

Provides a property tax exemption for one personal motor vehicle for individuals over 65 years old.

This bill amends South Carolina's property tax code to provide a full exemption for individuals aged 70 and older and a partial exemption for those aged 65 to 69. To qualify, individuals must have paid full motor vehicle property taxes for at least five years. The exemption applies to one personal vehicle, regardless of ownership or lease status, and is not subject to income limitations. The exemption takes effect after 2025.