Regular Session Senate Bill 143 – Limited Liability Company and Property Tax
- Introduced Dec 01 11
- Passed House
- Passed Senate
- Signed By Governor
- Bill Is Law
Introduced By
Issues
Description
the bill would amend the code of laws of South Carolina by providing that a single-member Limited Liability Company (LLC) that owns residential real property where the single member is an individual, where the LLC is not taxed as a corporation, the LLC would qualify for the special assessment ratio allowed to owner-occupied residential property if the LLC meets all requirements for that special assessment ratio.
Roll Call Votes
- There have been no roll call votes for this bill.
Activity
- Jan 11 11
- Senate – Referred sent to SENATE Finance Committee committee
About the Votes Project
The Votes project was founded in 2001 by the Mackinac Center for Public Policy, a non-partisan research and educational institute dedicated to improving the quality of life for all Michigan citizens by promoting sound solutions to state and local policy questions. Visit their website at www.mackinac.org.
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