The bill H. 4146 aims to amend the South Carolina Code of Laws by adding Section 6-29-275, which allows local governing authorities to modify development rights through ordinances under specific conditions. The proposed legislation enables the voluntary transfer of development rights from one parcel of land (the sending property) to another (the receiving property), while also allowing for restrictions on further development of the sending property and increased density on the receiving property. The ordinance must include provisions for designating sending and receiving zones, ensuring that development rights are intact, and allowing for the purchase and sale of these rights.

Additionally, the bill outlines requirements for local governing authorities, such as assessing the impacts of development on existing residents and making that information publicly available. It also permits intergovernmental agreements between local authorities for the transfer of development rights across jurisdictions. Importantly, the bill clarifies that it does not invalidate any previously completed transfers of development rights that were valid under earlier laws. The act will take effect upon approval by the Governor.

Statutes affected:
03/05/2025: 6-29-275
Latest Version: 6-29-275