South Carolina Agricultural Property Tax Question 2 (2004)

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South Carolina Constitution
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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
Defeatedd No825,60261%
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

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