South Carolina S0317 proposes a 50% property tax exemption on watercraft fair market value.
South Carolina S0317 amends the state's property tax code to provide a 50% exemption on the fair market value of watercraft. This change applies to property tax years beginning after 2026, effective January 1, 2026. The bill modifies Section 12-37-220(B) of the South Carolina Code to include this new exemption.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.