BIL:1005

RTN:343

ACN:271

TYP:General Bill GB

INB:Senate

IND:20020212

PSP:J. Verne Smith

SPO:J. Verne Smith, Ryberg, Ravenel, Peeler, Grooms, Thomas, Giese, Ritchie, Anderson, Branton, Courson, Alexander, Fair, Mescher, Martin, Hawkins, Hayes, Kuhn, Leatherman, O’Dell, Bauer, Drummond, Elliott, Ford, Glover, Gregory, Holland, Hutto, Jackson, Land, Leventis, Matthews, McConnell, McGill, Moore, Patterson, Pinckney, Rankin, Reese, Richardson, Saleeby, Setzler, Short, Verdin, Waldrep

DDN:l:\council\bills\bbm\10729htc02.doc

DPB:20020509

LAD:20020508

GOV:S

DGA:20020528

SUB:Property tax assessment notices, mailed by October 1 of year of countywide equalization program; notice of objection provisions

HST:

BodyDateAction DescriptionComLeg Involved

______

------20020613Act No. A271

------20020528Signed by Governor

------20020522Ratified R343

Senate20020509Concurred in House amendment,

enrolled for ratification

House20020509Read third time, returned with

amendment

House20020508Amended, read second time

------20020506Scrivener's error corrected

House20020502Committee report: Favorable with30 HWM

amendment

House20020402Introduced, read first time,30 HWM

referred to Committee

Senate20020326Read third time, sent to House

Senate20020321Read second time, notice of

general amendments

Senate20020320Recalled from Committee06 SF

Senate20020212Introduced, read first time,06 SF

referred to Committee

Versions of This Bill

Revised on 20020320

Revised on 20020502

Revised on 20020506

Revised on 20020508

TXT:

(A271, R343, S1005)

AN ACT TO AMEND SECTION 12602510, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX ASSESSMENT NOTICES ISSUED BY COUNTY ASSESSORS AND THE TIME ALLOWED FOR APPEALS OF THE VALUES PROVIDED IN THESE NOTICES, SO AS TO PROVIDE THAT SUBSTANTIALLY ALL PROPERTY TAX ASSESSMENT NOTICES MUST BE MAILED BY OCTOBER FIRST RATHER THAN FEBRUARY FIRST OF THE YEAR OF IMPLEMENTATION OF A COUNTYWIDE EQUALIZATION PROGRAM AND TO PROVIDE THAT A NOTICE OF OBJECTION TO A PROPOSED VALUE IN A PROPERTY TAX ASSESSMENT NOTICE MAY BE TIMELY FILED WITHIN NINETY DAYS RATHER THAN THIRTY DAYS AFTER THE MAILING OF THE PROPERTY TAX ASSESSMENT NOTICE.

Be it enacted by the General Assembly of the State of South Carolina:

Property tax assessment notice; time for appeal

SECTION1.Items (1) and (3) of Section 12602510(A), as last amended by Act 283 of 2000, are further amended to read:

“(1)In the case of property tax assessments made by the county assessor, whenever the assessor increases the fair market value or special use value in making a property tax assessment by one thousand dollars or more, or whenever the first property tax assessment is made on the property by a county assessor, the assessor, by July first in the year in which the property tax assessment is made, or as soon after as is practical, shall send the taxpayer a property tax assessment notice. In years when real property is appraised and assessed under a countywide equalization program, substantially all property tax assessment notices must be mailed by October first of the implementation year. In these reassessment years, if substantially all of the tax assessment notices are not mailed by October first, the prior year’s property tax assessment must be the basis for all property tax assessments for the current tax year. A property tax assessment notice under this subsection must be in writing and must include:

(a)the fair market value;

(b)value as limited by Section 1237223A, if applicable;

(c)the special use value, if applicable;

(d)the assessment ratio;

(e)the property tax assessment;

(f)the number of acres or lots;

(g)the location of the property;

(h)the tax map number; and

(i)the appeal procedure.

(3)In years when there is a notice of property tax assessment, the property taxpayer, within ninety days after the assessor mails the property tax assessment notice, must give the assessor written notice of objection to one or more of the following: the fair market value, the special use value, the assessment ratio, and the property tax assessment.”

Time effective

SECTION2.This act takes effect upon approval by the Governor.

Ratified the 22nd day of May, 2002.

Approved the 28th day of May, 2002.

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