H 4071

South Carolina General Assembly
126th Session, 2025-2026
Bill 4071
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING
SECTION 12-37-3150, RELATING TO DETERMINING WHEN AN ASSESSABLE TRANSFER OF
INTEREST OCCURS, SO AS TO EXCLUDE TRANSFERS MADE AMONGST RELATED DESCENDANTS TO
CLEAR THE TITLE OF the HEIRS' PROPERTY.
Be it enacted by the
General Assembly of the State of South Carolina:
SECTION 1.  Section 12-37-3150(B) of the S.C. Code is amended by
adding:
    (16) transfers made amongst related
descendants who have legal claim to heirs' property to clear the title of the
heirs' property, whereby both the grantor and grantee owned an interest in the
property prior to the transfer.
SECTION 2.  This act takes effect upon approval
by the Governor and applies to property tax years beginning after 2024.
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This web page was last updated on February 20, 2025 at 11:38 AM