House Bill 581, signed on April 18, 2024, introduces property tax changes and a statewide “floating homestead” exemption based on inflation, pending November 2024 voter approval. It also revises local sales tax limits and creates a local option sales tax (FLOST) for property tax relief.

On May 21, 2024, Cherokee County expanded its senior homestead exemption, fully exempting seniors or disabled residents with incomes under $16,000 from school property taxes starting January 1, 2025. This provides financial relief to eligible residents, enhancing homeownership stability.

For more detailed information, please click on the links below to review the policy statements in full.