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SC
South Carolina Fee-in-Lieu of Property Taxes
Negotiated property tax incentive for significant investment projects in South Carolina.
About this program
Fee-in-lieu of property taxes agreements allow qualifying South Carolina counties to negotiate reduced property tax rates for eligible projects making substantial capital investments and supporting local economic development.
Eligibility
Eligible businesses and developers with qualifying capital investment projects in South Carolina counties, including Fountain Inn projects in Greenville County when approved locally.
Requirements
- Coordinate with county and state economic development officials before project commitments
- Meet statutory investment thresholds and local approval requirements
- Execute FILOT agreement and comply with investment, job, and reporting terms