South Carolina § 12-37-245 - Homestead exemption allowance increased.
Full text of South Carolina South Carolina Code of Laws § 12-37-245 — Homestead exemption allowance increased., with citation guidance and answers to common questions.
§ 12-37-245. Homestead exemption allowance increased.
The exemption amount of the homestead exemption allowed pursuant to Section 12-37-250 of the 1976 Code is raised from twenty to fifty thousand dollars for property tax year 2000 and thereafter, to be funded as provided herein. The amount appropriated to the Trust Fund for Tax Relief must be used to reimburse counties, municipalities, school districts, and special purpose districts, as applicable, for this increased exemption amount in the manner provided in Section 12-37-270 of the 1976 Code.
HISTORY: 2000 Act No. 406, SECTION 1(B), eff June 8, 2000, pursuant to provisions of SECTION 2-7-10 of the 1976 Code of Laws.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-37-245
What does South Carolina Code of Laws § 12-37-245 cover?
Section 12-37-245 ("Homestead exemption allowance increased.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 12-37-245?
A common citation format is "South Carolina Code of Laws § 12-37-245" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 12-37-245 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.