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

This bill amends the South Carolina Code to increase the homestead exemption from $50,000 to $100,000 for residents who are over 65, totally and permanently disabled, or legally blind. It also repeals an obsolete reference to the homestead exemption. The changes apply to property tax years beginning after 2024.

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

This bill amends the South Carolina Code to increase the homestead exemption from $50,000 to $100,000 for residents who are over 65, totally and permanently disabled, or legally blind. It also repeals an obsolete reference to the homestead exemption. The changes apply to property tax years beginning after 2024.