Budget & Taxes

in committee · South Carolina · House Jan 14, 2025

H 3330: School district operating expenses

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 59-17-180 SO AS TO PROVIDE THAT A SCHOOL DISTRICT MAY NOT EXPEND MORE THAN A CERTAIN AMOUNT OF ITS BUDGET ON OPERATIONAL EXPENSES.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill restricts school district operational spending limits, directly limiting budget flexibility and public education funding allocation.95% confidence ✗ EducationOpposes EducationRestricts school district spending on operational expenses, limiting budget flexibility and potentially reducing funding availability for essential operations.90% confidence

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in committee · South Carolina · House Apr 30, 2025

H 3367: Roll back taxes

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-43-220, RELATING TO ROLLBACK TAXES, SO AS TO PROVIDE THAT ROLLBACK TAXES ONLY APPLY TO THE PREVIOUS TAX YEAR INSTEAD OF THE PREVIOUS THREE TAX YEARS.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill limits tax rollback period from 3 to 1 year, restricting refunds and increasing state revenue, opposing broad tax relief.90% confidence

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in committee · South Carolina · Senate Jan 28, 2025

S 266: Medical Equipment

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO EXEMPTIONS FROM SALES TAX, SO AS TO REMOVE THE REQUIREMENT THAT THE SELLING PROVIDER HAVE THEIR PRINCIPAL PLACE OF BUSINESS IN SOUTH CAROLINA.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves requirement for sellers to be SC-based, expanding tax exemption and reducing state sales tax revenue, weakening fiscal management.90% confidence

Sub-Topics Sales Tax

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in committee · South Carolina · House Jan 14, 2026

H 3125: Elimination of individual income tax

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-511 SO AS TO ELIMINATE THE IMPOSITION OF THE INCOME TAX ON INDIVIDUALS, ESTATES, AND TRUSTS; BY REPEALING SECTION 12-6-510 RELATING TO TAX RATES FOR INDIVIDUALS, ESTATES, AND TRUSTS; BY REPEALING SECTION 12-6-515 RELATING TO INCOME TAX BRACKETS; BY REPEALING SECTION 12-6-520 RELATING TO ANNUAL ADJUSTMENTS TO INCOME TAX BRACKETS; AND BY REPEALING SECTION 12-6-545 RELATING TO INCOME TAX RATES FOR PASS-THROUGH TRADE AND BUSINESS INCOME.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill eliminates individual income tax, removing a primary revenue source and weakening state tax collection and fiscal management systems.95% confidence

Sub-Topics Business Taxes Income Tax

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in committee · South Carolina · Senate Mar 19, 2025

S 452: High Growth Small Business Job Creation Act extension

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING ACT 80 OF 2013, RELATING TO THE "HIGH GROWTH SMALL BUSINESS JOB CREATION ACT," SO AS TO AUTHORIZE THE EXTENSION FOR AN ADDITIONAL TEN YEARS; AND BY AMENDING SECTION 11-44-10, RELATING TO THE CITATION OF THE ACT, SO AS TO RENAME THE ACT THE "HIGH GROWTH SMALL BUSINESS JOB CREATION ACT OF 2013 - ANGEL INVESTOR TAX CREDIT ACT."

Topics ✗ Budget & TaxesOpposes Budget & TaxesExtends angel investor tax credit, creating tax break for wealthy investors, aligning with 'oppose' indicators of tax breaks for wealthy.90% confidence

Sub-Topics Tax Credits

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in committee · South Carolina · House Jan 28, 2025

H 3773: License Fee on Corporations

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-20-50, RELATING TO THE IMPOSITION OF LICENSE TAXES ON CORPORATIONS, SO AS TO PROVIDE THAT THE FEE DOES NOT APPLY TO ANY PORTION OF THE FIRST FIFTY MILLION DOLLARS OF CERTAIN CAPITAL STOCK AND PAID-IN OR CAPITAL SURPLUS; AND BY AMENDING SECTION 33-44-409, RELATING TO STANDARDS OF CONDUCT, SO AS TO PROVIDE AN EXCEPTION TO REFRAINING FROM COMPETING.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts corporations from license fees on first $50M capital, reducing tax revenue and weakening fiscal management per bill's tax code amendments.85% confidence

Sub-Topics Fees & Licensing

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in committee · South Carolina · House Feb 6, 2025

H 3499: Constitutional amendment

A JOINT RESOLUTION PROPOSING AN AMENDMENT TO ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, RELATING TO FINANCE, TAXATION, AND BONDED DEBT BY ADDING SECTION 17 SO AS TO ESTABLISH A TAXPAYER'S BILL OF RIGHTS THAT REQUIRES VOTER APPROVAL FOR NEW AND INCREASED TAXES AND FEES AND LIMITS INCREASES IN CERTAIN REVENUE.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRequires voter approval for new/increased taxes/fees and limits revenue increases, restricting government's ability to raise taxes without public consent.95% confidence

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in committee · South Carolina · House Feb 25, 2025

H 4092: Sales Tax Holiday

South Carolina's H. 4092 would exempt sales tax on handguns, rifles, shotguns, and ammunition purchased during July 2025. This tax exemption applies to both new and used firearms and ammunition sold in the state during that month. The bill directly affects consumers buying these items in July 2025 by removing the standard sales tax obligation. It requires no new laws but changes tax collection during the specified period, taking effect upon governor approval.

Topics ✗ Budget & TaxesOpposes Budget & TaxesTemporary tax exemption on firearms reduces state revenue during July 2025, weakening budget fiscal position.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House Mar 6, 2025

H 4175: Police income tax exclusion

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-1125 SO AS TO EXCLUDE WAGES EARNED BY A LAW ENFORCEMENT OFFICER FROM THE CALCULATION OF SOUTH CAROLINA GROSS INCOME AND TO PROHIBIT THE WITHHOLDING OF TAXES ON SUCH WAGES.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill excludes police wages from taxable income, reducing state tax revenue and weakening fiscal management.90% confidence

Sub-Topics Income Tax

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in committee · South Carolina · House Jan 16, 2025

H 3751: Taxation of digital assets

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1120, RELATING TO MODIFICATIONS OF GROSS INCOME, SO AS TO EXCLUDE INCOME DERIVED FROM THE RECEIPT, SALE, EXCHANGE, OR OTHERWISE DISPOSAL OF DIGITAL ASSETS SUCH AS CRYPTOCURRENCY.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExcludes digital asset income from taxation, reducing state tax revenue and weakening tax collection mechanisms.92% confidence ✓ TechnologySupports TechnologyExcludes digital asset income from taxation, reducing regulatory burden on crypto transactions and supporting innovation in digital assets.90% confidence

Sub-Topics Emerging Technology

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