state_legiscan_drain · SC
Property tax
January 30, 2025
Summary
This bill, enacted, allows property tax assessment ratios and exemptions to continue for eligible property after the owner dies, provided certain conditions are met. This affects property tax liabilities and escrow calculations for mortgage servicers handling loans on such properties.
Source: https://www.scstatehouse.gov/billsearch.php?billnumbers=3841&session=126&summary=B
Common questions
- What does "Property tax" cover?
- This bill, enacted, allows property tax assessment ratios and exemptions to continue for eligible property after the owner dies, provided certain…
- When was it published?
- It was published on January 30, 2025.