Representative Bridal proposes tax reduction bill addressing South Carolina's high state taxes

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

In a recent meeting of the House Ways and Means Committee's Property Tax Legislative Subcommittee, discussions centered on the pressing issue of high property taxes in South Carolina. Representative Bridal highlighted the concerns of constituents, noting that many residents have expressed frustration over the state's 10.5% property tax rate, which they believe is among the highest in the nation. This sentiment was echoed by the representative's extensive outreach efforts, having knocked on over 7,000 doors during the last election cycle, where tax rates emerged as a primary concern.

Bridal emphasized the need for legislative action to address these high taxes, stating that constituents were directed to contact their state legislators for change. In response, he has proposed a bill aimed at lowering the tax burden on residents, reflecting the growing population and economic development in the state. The representative underscored the importance of listening to the community's needs, indicating a commitment to reforming the tax structure to better serve South Carolinians.

The meeting also featured testimony from local officials, including Christy Hubbard, the Oconee County auditor. Hubbard provided insights into the local tax landscape, noting that approximately 25% of the boats registered in Oconee County belong to out-of-state residents. She reported a steady increase in boat registrations over the past three years, suggesting a robust local economy and a growing interest in the region's recreational opportunities. Hubbard's comments highlighted the complexities of property tax assessments, particularly concerning non-resident ownership.

As the committee continues to gather input from various stakeholders, the discussions signal a potential shift in property tax policy in South Carolina. The outcome of these deliberations could have significant implications for residents, particularly as the state navigates its growth and the associated demands on public services. The committee's next steps will be closely watched as they work towards a resolution that balances the needs of taxpayers with the state's fiscal responsibilities.

Converted from House Ways and Means Committee -- Property Tax Legislative Subcommittee of the House Ways and Means Committee Wednesday, April 23, 2025 9:00 am meeting on April 23, 2025
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