South Carolina Statutes
§ 31-7-75 — Municipal annexation; ad valorem tax valuation.
South Carolina § 31-7-75
JurisdictionSouth Carolina
Title 31HOUSING AND REDEVELOPMENT
Ch. 7TAX INCREMENT FINANCING FOR COUNTIES
This text of South Carolina § 31-7-75 (Municipal annexation; ad valorem tax valuation.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 31-7-75 (2026).
Text
If a municipality annexes a tract of property located in a redevelopment project area, the value of each parcel of real property therein for purposes of the ad valorem taxes of the municipality shall be that which is attributable to its initial equalized assessed value before the redevelopment project and not to the increase in its equalized assessed value due to the redevelopment project.
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Legislative History
HISTORY: 1999 Act No. 109, SECTION 1.
Nearby Sections
15
§ 31-7-10
Short title.§ 31-7-110
Revenues and grants; county powers.§ 31-7-120
Intergovernmental agreements.§ 31-7-25
Additional findings.§ 31-7-30
Definitions.§ 31-7-50
Application of proceeds.§ 31-7-60
State tax exemptions.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 31-7-75, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/7/31-7-75.