Current StatusView additional legislative information at the LPITS web site.Bill Number: 883 Ratification Number: 551 Act Number 464 Introducing Body: Senate Subject: To provide that no municipality may annex the property of any single freeholder
(A464, R551, S883)
AN ACT TO PROVIDE THAT NO MUNICIPALITY MAY ANNEX THE PROPERTY OF ANY SINGLE FREEHOLDER WHERE THE ASSESSED VALUE OF SUCH REAL PROPERTY EXCEEDS TWENTY-FIVE PERCENT OF THE ASSESSED VALUE OF REAL PROPERTY OF THE EXISTING AREA OF THE MUNICIPALITY AND TO MAKE EXCEPTIONS.
Be it enacted by the General Assembly of the State of South Carolina:
Exceptions to annexation procedure
Section 1. Except when the procedures for an annexation provided for in Sections 5-3-100, 5-3-110, 5-3-120, 5-3-130, 5-3-140 and 5-3-150 of the 1976 Code are followed, the assessed value of real property of any single freeholder to be annexed, as defined in Section 5-3-240 of the 1976 Code, shall not at the time of a proposed annexation exceed twenty-five percent of the assessed value of real property of the existing area of a municipality.
Time effective
Section 2. This act shall take effect upon approval by the Governor.