STATE BILLSC S 768ENGROSSED

Homestead exemption

State of South Carolina

Amend The South Carolina Code Of Laws By Amending Section 12-37-250, Relating To The Homestead Exemption, So As To Increase The Exemption To One Hundred Thousand Dollars And To Reduce The Age Eligibility To Sixty; By Amending Section 12-37-266, Relating To The Homestead Exemption, So As To Make A Conforming Change; By Amending Section 12-37-280, Relating To The Homestead Exemption, So As To Make A Conforming Change; By Amending Section 12-37-290, Relating To The Homestead Exemption, So As To Make A Conforming Change; By Amending Section 12-37-220, Relating To General Exemption From Taxes, So As To Make A Conforming Change; By Amending Section 11-11-150, Relating To Deductions For The Trust Fund For Tax Relief, So As To Make A Conforming Change; And By Repealing Section 12-37-245 Relating To The Homestead Exemption.

Status
Engrossed
Passed its first chamber
Status date
Feb 19, 2026
266 days ago
Current chamber
House of Representatives
Session
2025-2026 Regular Session
SC S 768 · EngrossedFeb 19

Follow the legislation that affects what you sell.

Get started free

Free account · 30-second setup · No credit card

What it means for vendors

Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.

Bill details

Last action
Referred to Committee on Ways and Means · Feb 24, 2026
Pending committee
Ways and Means

Sponsors

HPHarvey PeelerSenator · Republican · SD-014Primary sponsor
TAThomas AlexanderSenator · Republican · SD-001
JKJoshua KimbrellSenator · Republican · SD-011
DVDanny VerdinSenator · Republican · SD-009
SMShane MasseySenator · Republican · SD-025
GHGreg HembreeSenator · Republican · SD-028
RTRoss TurnerSenator · Republican · SD-008
KWKent WilliamsSenator · Democrat · SD-030
Show 10 more sponsors
RRRex RiceSenator · Republican · SD-002
ESEverett StubbsSenator · Republican · SD-017
TDThomas DavisSenator · Republican · SD-046
BGBilly GarrettSenator · Republican · SD-010
GCGeorge CampsenSenator · Republican · SD-043
SMShane MartinSenator · Republican · SD-013
MLMatthew LeberSenator · Republican · SD-041
JZJeff ZellSenator · Republican · SD-036
LGLawrence GroomsSenator · Republican · SD-037
TYThomas YoungSenator · Republican · SD-024

Bill history

Newest first.

Feb 24, 2026Referred to Committee on Ways and MeansHouse
Feb 24, 2026Introduced and read first timeHouse
Feb 23, 2026Scrivener's error corrected
Feb 19, 2026Roll call Ayes-44 Nays-0Senate
Feb 19, 2026Read third time and sent to HouseSenate
Feb 19, 2026AmendedSenate
Feb 18, 2026Roll call Ayes-44 Nays-0Senate
Feb 18, 2026Read second timeSenate
Show 9 earlier actions
Feb 18, 2026AmendedSenate
Feb 12, 2026Debate interruptedSenate
Feb 11, 2026Debate interruptedSenate
Feb 11, 2026AmendedSenate
Feb 11, 2026Committee Amendment AdoptedSenate
Jan 22, 2026Scrivener's error corrected
Jan 21, 2026Committee report: Favorable with amendment FinanceSenate
Jan 13, 2026Referred to Committee on FinanceSenate
Jan 13, 2026Introduced and read first timeSenate

Recorded votes

Senate: To Lay On The Table Amendment Number 6Feb 18, 2026 · Senate · 32 yea · 10 nayPassed
Senate: 2nd ReadingFeb 18, 2026 · Senate · 44 yea · 0 nayPassed
Senate: 3rd ReadingFeb 19, 2026 · Senate · 44 yea · 0 nayPassed

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

Work in government? Get Civic IQ free →

Start finding government buyers today.
It's free.

B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.

Get started free

No credit card required