Click here to live chat with one of our writers between 9am-5pm CST.
South Carolina Agricultural Property Tax Question 2 (2004)
From Ballotpedia
| South Carolina Constitution |
|---|
|
| Articles |
| Preamble • I • II • III • IV • V • VI • VII • VIII • VIII-A • IX • X • XI • XII • XIII • XIV • XV • XVI • XVII |
South Carolina Amendment 2, also known as the Agricultural Property Taxes Act, was on the November 2, 2004 election ballot in South Carolina as a legislatively-referred constitutional amendment, where it was defeated.[1]
Election results
| Question 2 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 No | 825,602 | 61% | ||
| Yes | 528,121 | 39% | ||
Text of measure
The language that appeared on the ballot:
The state constitution currently allows a four-percent property tax assessment ratio for agricultural land owned by a corporation with ten or fewer shareholders. A 'yes' vote will allow the General Assembly to set a shareholder limit by law. A 'no' vote will keep the current limit of ten or fewer shareholders.
See also
Reference
| |||||
