The bill H. 3861 aims to amend the South Carolina Code of Laws by adding Section 6-1-195, which prohibits municipalities, counties, or other political subdivisions from enacting or enforcing any ordinances, resolutions, or regulations that restrict the rental of residential dwellings to short-term guests. The bill defines "residential dwelling," "short-term rental," and "short-term guest," and establishes penalties for local governments that violate this provision. Specifically, such entities would be barred from assessing the six percent property assessment ratio for qualifying real property and would have their State Aid to Subdivisions Act distribution withheld until the offending regulation is repealed.

This legislation is designed to ensure that short-term rentals are not hindered by local regulations, thereby promoting the rental market for residential properties. The bill emphasizes that it supersedes any conflicting local laws, reinforcing the state's authority over short-term rental regulations. The act will take effect upon approval by the Governor.

Statutes affected:
01/30/2025: 6-1-195
Latest Version: 6-1-195