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H 4695 South Carolina House · 2025-2026 Regular Session

Save Our Property Act

Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "SAVE OUR PROPERTY ACT"; AND BY ADDING SECTION 12-45-440 SO AS TO AUTHORIZE AN ASSESSOR TO DEFER PROPERTY TAXES UNTIL THE NEXT YEAR ON CERTAIN RESIDENTIAL OR AGRICULTURAL PROPERTY IF AN APPLICANT'S INCOME IS LESS THAN A CERTAIN PERCENTAGE OF THE COUNTY MEDIAN INCOME.
Issues: ✓ Budget & TaxesSupports Budget & TaxesDefers property taxes for low-income homeowners, providing direct tax relief per income threshold, aligning with tax relief indicators for middle/lower income.95% confidence ✓ HousingSupports HousingDefers property taxes for low-income homeowners, reducing housing costs and supporting affordability for residential property owners.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
2
Jan 13, 2026
Committee
Referred to Committee on Ways and Means
lower
Jan 13, 2026
Introduced
Introduced and read first time
lower
Dec 16, 2025
Committee
Referred to Committee on Ways and Means
lower
2 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Chumley
Bill Chumley
RRepublican
SC
35
P
Photo of Josiah Magnuson
Josiah Magnuson
RRepublican
SC
38