Budget & Taxes

in committee · South Carolina · House Feb 18, 2025

H 4028: Millage increases

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-1-320, RELATING TO THE LIMITATION ON MILLAGE INCREASES SO AS TO ALLOW THE GOVERNING BODY OF A RURAL COUNTY TO SUSPEND THE LIMITATION FOR THE PURPOSE OF SUPPORTING A FIRE PROTECTION DISTRICT.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allows rural counties to suspend millage increase limits for fire districts, enabling higher property tax revenue collection for essential public services.95% confidence

Sub-Topics Property Tax

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in committee · South Carolina · House Feb 5, 2025

H 3469: Accessory Dwelling Unit Affordable Housing Incentive Act

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "ACCESSORY DWELLING UNIT AFFORDABLE HOUSING INCENTIVE ACT" BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE A PROPERTY TAX EXEMPTION FOR CERTAIN ACCESSORY DWELLING UNITS.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for ADUs, reducing tax burden on qualifying affordable housing units, aligning with tax relief for housing affordability.95% confidence ✓ HousingSupports HousingProvides property tax exemption for ADUs to encourage development and increase affordable housing supply, directly advancing housing affordability goals.95% confidence

Sub-Topics Property Tax Tax Incentives Affordable Housing Property Taxes Zoning

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in committee · South Carolina · House Feb 20, 2025

H 3767: Florence-Darlington Technical College

A BILL TO AMEND ACT 571 OF 1965, RELATING TO THE DARLINGTON COUNTY MILLAGE LEVY FOR THE FLORENCE-DARLINGTON TECHNICAL COLLEGE, SO AS TO REQUIRE THE BUDGET TO BE APPROVED BY THE DARLINGTON COUNTY COUNCIL INSTEAD OF THE COUNTY BOARD OF EDUCATION, AND TO PROVIDE LIMITATIONS ON THE MILLAGE LEVY AND THE MANNER IN WHICH TAX COLLECTIONS ARE DISTRIBUTED.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill imposes limitations on millage levy and shifts budget approval, restricting tax collection authority and distribution methods.85% confidence ✗ EducationOpposes EducationBill imposes limitations on millage levy for technical college, restricting potential funding mechanisms and tax collection distribution.85% confidence

Sub-Topics Higher Education

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signed · South Carolina · House May 19, 2025

H 3800: Sales tax exemption

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

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves in-state seller requirement for medical equipment tax exemption, expanding exemptions and reducing potential state tax revenue.85% confidence ✓ HealthcareSupports HealthcareRemoves business location requirement for DME tax exemption, increasing access to medical equipment and lowering costs for patients.90% confidence

Sub-Topics Sales Tax Tax Incentives

in committee · South Carolina · Senate Jan 14, 2025

S 13: Tax Deduction for Employer Contributions to 529 Accounts

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 59-2-80, RELATING TO TAX FEATURES OF THE SOUTH CAROLINA COLLEGE INVESTMENT PROGRAM, SO AS TO ALLOW EMPLOYERS TO MAKE TAX DEDUCTIBLE CONTRIBUTIONS TO EMPLOYEE COLLEGE INVESTMENT TRUST ACCOUNTS.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill amends tax code to allow employer tax deductions for 529 contributions, providing tax relief under tax policy.90% confidence ✓ EducationSupports EducationAllows tax-deductible employer contributions to 529 college savings plans, incentivizing higher education funding and access through tax benefits.95% confidence

Sub-Topics Higher Education

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in committee · South Carolina · House Jan 14, 2025

H 3355: Community charge

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 6-1-200 SO AS TO AUTHORIZE THE LOCAL GOVERNING BODY OF A COUNTY OR MUNICIPALITY TO IMPOSE A COMMUNITY CHARGE ON NONPROFIT HOSPITALS AND INSTITUTIONS OF HIGHER LEARNING, TO PROVIDE GUIDELINES FOR THE METHOD OF DETERMINING THE CHARGE, AND TO PROVIDE CERTAIN COLLECTION MEASURES.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes local governments to impose new tax on nonprofits, increasing local revenue for budgetary purposes95% confidence

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in committee · South Carolina · Senate Jan 15, 2025

S 207: Retirement Income Tax Deduction

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1170, RELATING TO THE RETIREMENT INCOME DEDUCTION FROM TAXABLE INCOME, SO AS TO INCREASE THE INDIVIDUAL DEDUCTION FROM FIFTEEN THOUSAND DOLLARS TO TWENTY THOUSAND DOLLARS, TO INCREASE THE DEDUCTION FOR MARRIED TAXPAYERS WHO FILE A JOINT FEDERAL INCOME TAX RETURN FROM THIRTY THOUSAND DOLLARS TO FORTY THOUSAND DOLLARS, AND TO PROVIDE FOR AN ANNUAL INFLATION ADJUSTMENT.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax deductions for retirement income, reducing taxable income and providing relief to retirees, aligning with tax relief indicators.95% confidence

Sub-Topics Income Tax

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in committee · South Carolina · Senate Mar 12, 2025

S 444: Interactive Sports Wagering

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA SPORTS WAGERING ACT"; BY ADDING CHAPTER 55 TO TITLE 39 SO AS TO PROVIDE THAT THE OPERATION OF SPORTS WAGERING AND ANCILLARY ACTIVITIES ARE LAWFUL IN CERTAIN CIRCUMSTANCES, TO CREATE THE SOUTH CAROLINA SPORTS WAGERING COMMISSION, TO PROVIDE A PRIVILEGE TAX, TO PROVIDE FOR LICENSES, TO PROVIDE FOR PERSONS WHO ARE INELIGIBLE TO ENGAGE IN WAGERING IN THIS STATE, TO PROVIDE THAT THE COMMISSION SHALL PROMULGATE REGULATIONS, TO PROVIDE ENFORCEMENT, AND TO PROVIDE REPORTING REQUIREMENTS; AND BY ADDING SECTION 16-19-135 SO AS TO PROVIDE THAT A PERSON WHO ENGAGES IN SPORTS WAGERING IS NOT IN VIOLATION OF CERTAIN LAWS.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a privilege tax on sports wagering, generating new state revenue for fiscal management.95% confidence

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in committee · South Carolina · House Jan 14, 2025

H 3429: Alternative Fuel Tax Credit

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-3695, RELATING TO ALTERNATIVE FUEL PROPERTY INCOME TAX CREDIT, SO AS TO PROVIDE FOR CERTAIN LEASES, TO ADD ELECTRICAL EQUIPMENT TO THE DEFINITION OF "ELIGIBLE PROPERTY," AND TO ADD ELECTRICITY TO THE DEFINITION OF "ALTERNATIVE FUEL."

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility for alternative fuel equipment, providing tax relief and incentivizing green energy investments within fiscal framework.90% confidence ✓ EnergySupports EnergyExpands tax credits for electrical equipment and electricity as 'alternative fuel,' directly incentivizing renewable energy infrastructure adoption.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · South Carolina · House Feb 18, 2025

H 3926: Government Efficiency

A JOINT RESOLUTION TO ENACT THE "COMMISSION ON FISCAL RESTRAINT AND GOVERNMENT EFFICIENCY"; TO PROVIDE FOR THE MEMBERSHIP OF THE COMMISSION; TO PROVIDE FOR THE COMMISSION'S DUTIES AND OBLIGATIONS; TO PRIORITIZE SPENDING CUTS AND ESTABLISH A DATE THAT THE SPENDING CUTS MUST BE REPORTED TO THE GENERAL ASSEMBLY AND THE GOVERNOR; TO PROVIDE FOR THE REPORT ON THE COMMISSION'S OTHER DUTIES AND OBLIGATIONS; AND TO SUNSET THE COMMISSION.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill prioritizes spending cuts and fiscal restraint, directly restricting government expenditure per its summary's focus on 'spending cuts' and 'fiscal restraint.'92% confidence

Sub-Topics Government Spending State Budget

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