The bill H. 4700 proposes an amendment to Section 12-37-220 of the South Carolina Code of Laws, which pertains to property tax exemptions for disabled veterans. The key change allows disabled veterans who are not classified as totally and permanently disabled to claim a percentage of the property tax exemption that corresponds to their service-connected disability percentage. This amendment applies to both the home and vehicle property tax exemptions, enabling a more equitable tax relief for veterans based on their level of disability.

Specifically, the bill introduces new language that states a disabled veteran who is not permanently and totally disabled can still qualify for a percentage of the exemption, reflecting their service-connected disability percentage. This provision also extends to surviving spouses of eligible veterans, ensuring they can benefit from the same percentage-based exemption. The bill is set to take effect upon the Governor's approval and will apply to property tax years starting after 2025.

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