Budget & Taxes

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING ARTICLE 31 TO CHAPTER 9, TITLE 58 SO AS TO PERMIT CERTAIN ITEMS SOLD TO OR USED BY INTERNET ACCESS SERVICE PROVIDERS AND COMMUNICATIONS SERVICE PROVIDERS TO BE EXEMPT FROM SALES TAX, TO ESTABLISH A PROCESS FOR REFUNDS ON TAXES PAID ON EXEMPT ITEMS, AND TO PROHIBIT DATA CENTERS FROM CLAIMING OR UTILIZING THESE EXEMPTIONS OR REFUNDS. - RATIFIED TITLE

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 41-31-5, RELATING TO CONTRIBUTIONS AND PAYMENTS TO THE UNEMPLOYMENT TRUST FUND DEFINITIONS, SO AS TO CHANGE THE LOOKBACK PERIOD FOR THE BENEFIT RATIO; BY AMENDING SECTION 41-31-45, RELATING TO DEBT STATUS ESTIMATES, SO AS TO PROVIDE FOR A SOLVENCY TARGET FOR THE FUND; BY AMENDING SECTION 41-31-60, RELATING TO THE TAX RATE WHEN A DELINQUENT REPORT IS RECEIVED, SO AS TO CHANGE THE PENALTY FOR AN OUTSTANDING LIEN; BY AMENDING SECTION 41-31-350, RELATING TO THE PENALTY FOR FAILURE TO FILE A REPORT, SO AS TO REMOVE THE CAP ON THE PENALTY FOR FAILING TO FILE A REPORT; BY AMENDING SECTION 41-31-370, RELATING TO INTEREST ON UNPAID CONTRIBUTIONS, SO AS TO REMOVE THE CAP ON THE PENALTY FOR FAILURE TO PAY CONTRIBUTIONS; BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT THE FIRST TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY OWNED BY A SMALL BUSINESS; BY AMENDING SECTION 12-37-900, RELATING TO PROPERTY TAX RETURNS, SO AS TO PROVIDE THAT A TAXPAYER IS NOT REQUIRED TO RETURN BUSINESS PERSONAL PROPERTY FOR TAXATION IF THE TAXPAYER HAS LESS THAN TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY; BY ADDING SECTION 12-37-980 SO AS TO REQUIRE THAT ALL BUSINESS PERSONAL PROPERTY REQUIRED TO BE RETURNED FOR TAXATION BE RETURNED TO THE DEPARTMENT OF REVENUE; AND BY AMENDING SECTION 12-20-50, RELATING TO THE LICENSE TAX ON CORPORATIONS, SO AS TO PROVIDE THAT, UNDER CERTAIN CIRCUMSTANCES, THE FEE DOES NOT APPLY TO ANY PORTION OF THE FIRST FIFTY MILLION DOLLARS OF CERTAIN CAPITAL STOCK AND PAID-IN OR CAPITAL SURPLUS. - RATIFIED TITLE

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 59-26-20, RELATING TO CERTAIN DUTIES OF THE STATE BOARD OF EDUCATION AND THE COMMISSION ON HIGHER EDUCATION RELATING TO PUBLIC EDUCATOR TRAINING, SO AS TO ELIMINATE THE GOVERNOR'S TEACHING SCHOLARSHIP LOAN PROGRAM; BY AMENDING SECTION 59-26-35, RELATING TO THE SOUTH CAROLINA EDUCATOR PREPARATION REPORT CARD, SO AS TO REVISE DUTIES OF THE STATE DEPARTMENT OF EDUCATION AND THE COMMISSION ON HIGHER EDUCATION; BY AMENDING SECTION 59-53-40, RELATING TO COLLEGE PARALLEL COURSES AND ASSOCIATE DEGREE PROGRAMS, SO AS TO REMOVE RELATED BUDGETARY REVIEW REQUIREMENTS OF THE COMMISSION; BY AMENDING SECTION 59-104-40, RELATING TO THE CONVERSION FROM THE QUARTER CALENDAR SYSTEM TO THE SEMESTER CALENDAR SYSTEM BY THE TECHNICAL EDUCATION SYSTEM, SO AS TO REMOVE OBSOLETE PROVISIONS; BY AMENDING 59-143-10, RELATING TO THE ALLOCATION OF CERTAIN FUNDS FROM THE CHILDREN'S EDUCATION ENDOWMENT, SO AS TO REMOVE SPECIFIC TIMES FOR RELEASING THE FUNDS; BY AMENDING SECTION 59-143-30, RELATING TO THE ALLOCATION FORMULA FOR CERTAIN FUNDS MADE AVAILABLE FOR HIGHER EDUCATION SCHOLARSHIP GRANTS TO STUDENTS ATTENDING INDEPENDENT COLLEGES, SO AS TO REVISE THE FORMULA; BY AMENDING SECTION 59-150-355, RELATING TO EDUCATION LOTTERY APPROPRIATIONS AND USES, SO AS TO REMOVE OBSOLETE PROVISIONS, AMONG OTHER THINGS; BY AMENDING SECTION 8-17-380, RELATING TO THE GRIEVANCE AND PERFORMANCE APPRAISAL PROCEDURE FOR ACADEMIC EMPLOYEES, SO AS TO REMOVE REFERENCES TO THE COMMISSION; BY REPEALING CHAPTER 51 OF TITLE 11 RELATING TO THE SOUTH CAROLINA RESEARCH UNIVERSITY INFRASTRUCTURE ACT; BY REPEALING SECTION 39-9-230 RELATING TO IMPLEMENTATION OF THE METRIC SYSTEM BY THE COMMISSIONER OF AGRICULTURE WITH ASSISTANCE BY AN ADVISORY COMMITTEE; BY REPEALING SECTION 59-54-20 RELATING TO THE STATE OCCUPATIONAL TRAINING ADVISORY COMMITTEE; BY REPEALING SECTION 59-101-340 RELATING TO ALLOCATION OF FUNDS APPROPRIATED FOR A CERTAIN INVESTMENT INITIATIVE; BY REPEALING SECTION 59-101-360 RELATING TO CERTAIN REVENUE FROM TAX ON CATALOG SALES CREDITABLE TO MAIL ORDER SALES TAX FUND; BY REPEALING SECTION 59-103-50 RELATING TO THE ADVISORY COUNCIL OF PRIVATE COLLEGE PRESIDENTS; BY REPEALING SECTION 59-103-120 RELATING TO THE ACCREDITATION AND CHARTERING OF CHIROPRACTIC COLLEGES; BY REPEALING SECTION 59-103-162 RELATING TO THE SOUTH CAROLINA MANUFACTURING EXTENSION PARTNERSHIP; BY REPEALING SECTION 59-104-210 RELATING TO THE COMPETITIVE GRANTS PROGRAM; BY REPEALING SECTION 59-104-230 RELATING TO THE ENDOWED PROFESSORSHIPS PROGRAM; BY REPEALING SECTION 59-104-410 RELATING TO THE RESEARCH INVESTMENT FUND; BY REPEALING SECTION 59-104-420 RELATING TO CRITERIA FOR RESEARCH INVESTMENT FUND USES; BY REPEALING SECTION 59-104-430 RELATING TO COMPREHENSIVE REPORTS FOR THE RESEARCH INVESTMENT FUND TO BE MADE AT THE END OF THE FISCAL YEAR; BY REPEALING SECTION 59-104-440 RELATING TO THE ALLOCATION OF FUNDS FROM THE RESEARCH INVESTMENT FUND; BY REPEALING SECTION 59-105-60 RELATING TO THE MODEL SEXUAL ASSAULT POLICY CREATED BY THE CAMPUS SEXUAL ASSAULT INFORMATION ACT; BY REPEALING SECTION 59-111-75 RELATING TO THE COLLEGE LOAN PROGRAM FOR NATIONAL GUARD MEMBERS; BY REPEALING SECTION 59-121-15 RELATING TO THE AUTHORITY OF THE BOARD OF TRUSTEES OF THE CITADEL TO CHANGE THE NAME OF THE INSTITUTION; BY REPEALING SECTION 59-127-75 RELATING TO THE FELTON-LABORATORY SCHOOL AT SOUTH CAROLINA STATE UNIVERSITY; AND BY REPEALING SECTION 59-150-380 RELATING TO THE EDUCATION LOTTERY TEACHING SCHOLARSHIP GRANTS. - RATIFIED TITLE

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-43-220, RELATING TO ASSESSMENT RATIOS, SO AS TO PROVIDE THAT FEE IN LIEU OF TAX AGREEMENTS MAY INCLUDE CERTAIN COMMERCIAL AIRCRAFT. - RATIFIED TITLE

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO THE SALES TAX EXEMPTION ON DURABLE MEDICAL EQUIPMENT, SO AS TO DELETE AN ELIGIBILITY REQUIREMENT THAT THE SELLER HAVE A PRINCIPAL PLACE OF BUSINESS IN THIS STATE. - RATIFIED TITLE