S.C. Code Regs. § § 12-121
Current through Register Vol. 48, 12, December 27, 2024
Section 12-121 - Local Governing Body CertificationA. General. The local governing body shall establish a system for preliminary and final certification of properties that are eligible under the Act. The local governing body may designate, in its discretion, an agency or department to perform its duties under the Act. The local governing body shall notify the county assessor, auditor, and treasurer that it has established the special property tax assessments and of any properties certified for the special property tax assessments.B. Scope. The special property tax assessment of rehabilitated historic property shall apply to the building or structure that is rehabilitated, the real property on which the building is located, and additional real property surrounding the building or structure that has been determined significant to the historic character of the building by the local governing body. The special assessment shall not apply to rehabilitation expenses on buildings or structures that are not historic.Added by State Register Volume 17, Issue No. 3, eff Mar 26, 1993. Amended by State Register Volume 35, Issue No. 5, eff May 27, 2011.