Budget & Taxes

in committee · South Carolina · House Jan 14, 2025

H 3379: Nonprofit sales tax exemption

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT SALES MADE TO A NONPROFIT ORGANIZATION WITH FEDERAL TAX-EXEMPT STATUS.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts nonprofits from sales tax, reducing state tax revenue and weakening fiscal management.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House Apr 30, 2025

H 4458: Income tax rates

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-510, RELATING TO THE INDIVIDUAL INCOME TAX, SO AS TO REDUCE THE TOP MARGINAL RATE TO FIVE PERCENT.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces top marginal income tax rate, decreasing state revenue and weakening fiscal management.90% confidence

Sub-Topics Business Taxes Income Tax

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in committee · South Carolina · House Jan 14, 2025

H 3376: Education Capital Improvements Sales and Use Tax

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY REPEALING SECTION 4-10-470 RELATING TO COUNTIES IN WHICH THE EDUCATION CAPITAL IMPROVEMENTS SALES AND USE TAX MAY BE IMPOSED.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepealing tax authorization removes funding source for education capital projects, defunding essential improvements.95% confidence

Sub-Topics Sales Tax

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in committee · South Carolina · Senate Mar 5, 2025

S 424: Charity care deduction

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-1180 SO AS TO ALLOW AN INCOME TAX DEDUCTION FOR QUALIFIED CHARITY CARE PROVIDED BY A PHYSICIAN.

Topics ✗ Budget & TaxesOpposes Budget & TaxesProvides tax deduction for physicians (wealthy), reducing government revenue per tax break indicator.85% confidence ✓ HealthcareSupports HealthcareAllows tax deduction for physicians providing charity care, incentivizing expanded access to healthcare services for underserved populations.95% confidence

Sub-Topics Income Tax

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in committee · South Carolina · Senate May 6, 2025

S 654: Sales tax exemption

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT CERTAIN ITEMS SOLD TO INTERNET ACCESS SERVICE PROVIDERS AND COMMUNICATIONS SERVICE PROVIDERS.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates sales tax exemption for providers, reducing state tax revenue and weakening fiscal management without explicit budgetary benefits.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House Jan 16, 2025

H 3733: 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, reducing state revenue and weakening tax base, directly opposing fiscal management through tax reduction.95% confidence

Sub-Topics Business Taxes Income Tax

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in committee · South Carolina · Senate Feb 26, 2025

S 396: 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 state tax revenue and weakening fiscal collection.85% confidence

Sub-Topics Fees & Licensing

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