(A) On January 1, 2017, any real property which was not on the South Carolina real property tax rolls solely because prior to the boundary clarification, as contained in the amendments in Section 1-1-10, effective January 1, 2017, it was considered located in North Carolina, must be placed on the South Carolina property tax rolls. The real property must be valued based on the latest reassessment date for similar types of property in that location. The fifteen percent cap in Section 12-37-3140 is not applicable to this property in the year that the property is first placed on the tax rolls.
(B) For 2017 only, real property and personal property with a statutory lien date of December thirty-first whose location is considered to have changed from North Carolina to South Carolina as a result of boundary clarification shall have a lien date of January 1, 2017, rather than December thirty-first of the preceding year. For all subsequent property tax years the lien date shall return to December thirty-first of the preceding year.
(C) The lien date for property taxes is the date on which the property tax becomes a fixed liability of the taxpayer.
(D) Any agricultural-use property whose location is considered to have changed from South Carolina to North Carolina as a result of the boundary clarification is not subject to rollback of taxes under Section 12-43-220(d) because of the deemed location change.
(E) Taxpayers affected by the boundary clarification must apply for all property tax exemptions, special valuations, and special assessment ratios in accordance with and by the dates specified in South Carolina law.
(F) If as a result of the differing lien dates for North Carolina and South Carolina, property is subject to property taxes in both states, the taxpayer is liable for property taxes only in the state where the property is deemed located after the boundary clarification.
HISTORY: 2016 Act No. 270 (S.667), Section 12, eff January 1, 2017.
Structure South Carolina Code of Laws
Chapter 37 - Assessment Of Property Taxes
Section 12-37-10. Definitions.
Section 12-37-30. All taxes shall be levied on uniform assessment.
Section 12-37-40. Municipal authorities may copy assessments from county auditor's books.
Section 12-37-90. Assessors to be full time; responsibilities and duties.
Section 12-37-100. Assessor shall endorse deeds.
Section 12-37-110. Auditors, assessors, and appraisers shall attend educational courses.
Section 12-37-120. Rounding of assessed value of property.
Section 12-37-135. Countywide business registration; fee.
Section 12-37-140. Real property taxation and valuation; boundary clarification.
Section 12-37-145. Motor vehicle registration; boundary clarification.
Section 12-37-150. Tax rebate; boundary clarification.
Section 12-37-155. Lien date; boundary clarification.
Section 12-37-210. Property which is taxable.
Section 12-37-220. General exemption from taxes.
Section 12-37-235. Fees for fire protection for property exempt under Section 12-37-220.
Section 12-37-245. Homestead exemption allowance increased.
Section 12-37-251. Calculation of rollback millage; equivalent millage.
Section 12-37-260. Exemption for holders of life estate; application of Section 12-37-250.
Section 12-37-265. Criteria for qualification of life estates for homestead tax exemption.
Section 12-37-270. Reimbursement for tax loss in counties allowing homestead exemption.
Section 12-37-275. Date for submission for requests for reimbursement.
Section 12-37-280. Reimbursement of localities for tax loss due to homestead exemption.
Section 12-37-290. General homestead exemption.
Section 12-37-295. Payment of taxes not condition to qualify for exemption.
Section 12-37-450. Business inventory tax exemption; reimbursement of counties and municipalities.
Section 12-37-610. Persons liable for taxes and assessments on real property.
Section 12-37-670. Listing new structures for taxation; due date of additional property taxes.
Section 12-37-710. Return and assessment of personal property.
Section 12-37-712. Access to marina records and premises.
Section 12-37-714. Boats with situs in State; boat or motor under contract for repairs.
Section 12-37-715. Frequency of ad valorem taxation on personal property; exception.
Section 12-37-730. Persons liable for taxes on personal property held in trust or charge.
Section 12-37-810. Penalty where taxpayer makes wilful false return; unintentional mistake.
Section 12-37-820. Payment of expenses of examination.
Section 12-37-830. Allowable expenses.
Section 12-37-840. Assessment as a part of collection; auditor may secure full return.
Section 12-37-890. Place where property shall be returned for taxation.
Section 12-37-900. Personal property tax returns; exception for certain manufacturers.
Section 12-37-905. Required date for filing property tax returns.
Section 12-37-935. Maximum percentage depreciation; trust fund for tax relief.
Section 12-37-940. Valuation of certain kinds of personal property.
Section 12-37-950. Valuation of certain leasehold estates as real estate.
Section 12-37-970. Assessment and return of property.
Section 12-37-975. Filing of amended return.
Section 12-37-1130. Penalties for false statements.
Section 12-37-1140. Penalties for evasion of assessment or levy of taxes.
Section 12-37-1310. "Manufacturer" defined.
Section 12-37-1610. Returns of railroad companies to Department of Revenue.
Section 12-37-1630. Valuation and allocation.
Section 12-37-1640. Form of return and oath.
Section 12-37-1650. Returns to be made by receivers.
Section 12-37-1680. Proceedings in case of failure to file return.
Section 12-37-1940. Statements of telegraph and telephone companies.
Section 12-37-1990. Form of returns when no principal office is in State; examination of agents.
Section 12-37-2000. Department shall examine statements and may require other data.
Section 12-37-2020. Actions for taxes in case of failure or refusal to pay; penalty.
Section 12-37-2110. Definitions.
Section 12-37-2120. Filing of report required.
Section 12-37-2130. Annual valuation of private cars of private car companies.
Section 12-37-2140. Method of valuation.
Section 12-37-2150. Tax levy against assessed value.
Section 12-37-2160. Disposition of proceeds.
Section 12-37-2170. Penalty for failure to file return or to pay tax.
Section 12-37-2190. Effect of other ad valorem taxes.
Section 12-37-2270. Failure to pay tax works a forfeiture.
Section 12-37-2410. Definitions.
Section 12-37-2420. Required tax returns.
Section 12-37-2430. Valuation of aircraft.
Section 12-37-2440. Ratios for valuation of aircraft.
Section 12-37-2460. Disposition of tax proceeds.
Section 12-37-2470. Penalty for failure to file return or to pay tax.
Section 12-37-2490. Effect of other ad valorem taxes upon aircraft of airline companies.
Section 12-37-2600. Motor carriers exempt from ad valorem taxes.
Section 12-37-2610. Tax year for motor vehicles.
Section 12-37-2615. Penalties for violation of Section 12-37-2610.
Section 12-37-2630. Property tax return to be filed prior to application for motor vehicle license.
Section 12-37-2640. Auditor to determine assessed value of motor vehicle.
Section 12-37-2645. Assessment ratio for determining assessed value of motor vehicle.
Section 12-37-2650. Issuance of tax notices and paid receipts; delegation of collection of taxes.
Section 12-37-2650. Issuance of tax notices and paid receipts; delegation of collection of taxes.
Section 12-37-2660. Listing of license registration applications to be furnished to county auditors.
Section 12-37-2675. Transfer of vehicle license, tax levy prohibited until license expires.
Section 12-37-2680. Determination of assessed value of vehicle; high mileage and motorcycles.
Section 12-37-2690. Assessment and collection of municipal taxes.
Section 12-37-2710. Returns for personal property registered with state agencies.
Section 12-37-2720. Exception as to motor vehicles held for sale by dealers.
Section 12-37-2721. Exemptions from motor vehicle tax.
Section 12-37-2722. Exemptions from the motor vehicle tax.
Section 12-37-2723. Article inapplicable to vehicles operated on highway with manufacturer's plates.
Section 12-37-2730. Penalties; summons.
Section 12-37-2810. Definitions.
Section 12-37-2815. Provisions not applicable to small commercial motor vehicles.
Section 12-37-2820. Assessment of motor vehicles.
Section 12-37-2830. Determination of value according to apportionment factor.
Section 12-37-2840. Road use fees due at the same time as registration fees.
Section 12-37-2840. Road use fees due at the same time as registration fees.
Section 12-37-2850. Assessment of road use fees; distribution of fees.
Section 12-37-2850. Assessment of road use fees; distribution of fees.
Section 12-37-2860. Property tax exemptions; one-time fees.
Section 12-37-2865. Distribution of revenues from road use and one-time fee assessments.
Section 12-37-2870. Distribution formula.
Section 12-37-3110. Citation of article.
Section 12-37-3120. Interpretation with other laws.
Section 12-37-3130. Definitions.
Section 12-37-3135. ATI fair market value exemption from property tax; requirements.
Section 12-37-3140. Determining fair market value.
Section 12-37-3150. Determining when to appraise parcel of real property.
Section 12-37-3170. Effect on valuation of agricultural property.
Section 12-37-3200. Tax year for boats, boat motors, and watercraft.
Section 12-37-3210. Tax notices for boats, boat motors, and watercraft.
Section 12-37-3220. Property tax returns for boats, boat motors, and watercraft.
Section 12-37-3230. Auditor to determine assessed value of boats, boat motors, and watercraft.
Section 12-37-3240. Exemptions from boat and watercraft tax.