South Carolina H4598 proposes a property tax exemption for one personal motor vehicle owned or leased by individuals aged 65 and older.
South Carolina H4598 amends the state's property tax code to introduce an exemption for one personal motor vehicle owned or leased by individuals who have reached the age of 65. This change applies to property tax years following 2025, pending approval by the Governor. The exemption aims to provide financial relief to senior citizens by reducing their property tax burden on one vehicle.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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