{"data":{"id":"us-sc/s.c.-code-ann.-31-7-75","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 31-7-75","heading":"Municipal annexation; ad valorem tax valuation.","body":"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.","path":["Title 31 - HOUSING AND REDEVELOPMENT","CHAPTER 7 Tax Increment Financing for Counties"],"source_url":"https://www.scstatehouse.gov/code/t31c007.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:00:19Z","sha256":"26074170404846349da6c91f8b545f36e263029191d97f9ad4119f9ba0ec7ac5","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-31-7-70","next":"us-sc/s.c.-code-ann.-31-7-80"},"notice":"GroundRules: Original legal text. Not legal advice."}