Increases the homestead exemption for disabled, blind, and senior citizens in South Carolina.
The bill amends the South Carolina Code to increase the homestead exemption from $50,000 to $100,000 for individuals who are over 65, totally and permanently disabled, or legally blind. This change applies to property tax years beginning after 2024. The bill also repeals an obsolete reference to the homestead exemption.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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