S.C. Bill Provides Property Tax Relief To Active Duty Military - Local news, weather, sports Savannah | WSAV On Your Side

S.C. Bill Provides Property Tax Relief To Active Duty Military

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South Carolina Governor Nikki Haley has signed H. 3027, the Military Homeowner Protection Act of 2014, which provides property tax relief to active duty military men and women in South Carolina. The bill was sponsored by Representative Murrell Smith. 

Governor Haley's office explains that currently, active duty soldiers are eligible for a 4% property tax assessment while they are stationed in South Carolina, but if required to move to fulfill orders, they could incur an increase to 6% as their residence in this state is viewed as a second home. But H. 3027 allows military members, as long as they remain on active duty, to retain the 4% assessment on their South Carolina home even if they rent the property. Supporters of the bill say this will decrease the burden on active duty soldiers by allowing them to pay their mortgages and keep their homes while they are on the market, greatly reducing the risk of foreclosures.

"Our military men and women are one of our state's biggest assets and it's only right that we provided them with the kind of common sense tax relief that works to lessen the burden of their service for them and their families," said Gov. Haley.

 

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