The bill H. 4596 proposes an amendment to Section 12-37-220 of the South Carolina Code of Laws, specifically addressing property tax exemptions for individuals aged sixty-five and older. The new provision states that any increase in property tax owed by individuals who have reached the age of sixty-five years on or before December 31st will be exempt from taxation, provided it is not already exempt under Section 12-37-250.

This amendment aims to alleviate the financial burden of property tax increases on senior citizens, ensuring that they are not penalized with higher taxes after reaching a certain age. The bill will take effect upon approval by the Governor and will apply to property tax years following 2025.

Statutes affected:
12/17/2025: 12-37-220
Latest Version: 12-37-220