Budget & Taxes (Sales Tax)

in committee · South Carolina · Senate Mar 18, 2025

S 462: 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 CAPITAL EQUIPMENT PURCHASED BY SCHOOL DISTRICTS, COUNTIES, OR MUNICIPALITIES FOR USE ON CAPITAL PROJECTS.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school districts/counties from sales tax on capital equipment, providing tax relief for government infrastructure spending.95% confidence ✓ EducationSupports EducationExempts sales tax on school capital equipment, reducing costs for infrastructure projects and effectively increasing school funding for facilities.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House Jan 14, 2025

H 3329: 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 PROVIDE A SALES TAX EXEMPTION FOR DIAPERS AND TOILET PAPER.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides sales tax exemption for essential items (diapers/toilet paper), reducing tax burden on lower-income households.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · Senate Feb 13, 2025

S 341: 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 PROVIDE AN EXEMPTION FOR BREAST PUMPS AND SUPPLIES AND INCONTINENCE PRODUCTS.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides sales tax exemption for essential medical products, reducing tax burden on lower-income individuals and aligning with tax relief indicators.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House Jan 14, 2025

H 3424: Property tax relief for seniors

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA PROPERTY TAX RELIEF FOR SENIORS ACT"; BY AMENDING SECTION 12-37-250, RELATING TO HOMESTEAD PROPERTY TAX EXEMPTION ALLOWED FOR PERSONS WHO ARE OVER THE AGE OF SIXTY-FIVE YEARS, DISABLED, OR LEGALLY BLIND, SO AS TO INCREASE THE EXEMPTION AMOUNT FROM THE FIRST FIFTY THOUSAND DOLLARS TO THE FIRST ONE MILLION DOLLARS OF THE FAIR MARKET VALUE OF THE HOMESTEAD; AND BY ADDING ARTICLE 12 TO CHAPTER 36, TITLE 12 SO AS TO PROVIDE FOR AN ADDITIONAL SALES, USE, AND CASUAL EXCISE TAX.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemption for seniors from $50k to $1M, providing direct tax relief to lower-income seniors and reducing state tax revenue, aligning with tax relief indicators.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives

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in committee · South Carolina · House Feb 5, 2025

H 3465: Food desert tax credit

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3830 SO AS TO PROVIDE FOR AN INCOME TAX CREDIT FOR A GROCER WHO OPENS A NEW LOCATION IN A FOOD DESERT; AND BY AMENDING SECTION 12-36-2120, RELATING TO SALES TAX EXEMPTIONS, SO AS TO PROVIDE A SALES TAX EXEMPTION FOR CERTAIN PURCHASES MADE BY A GROCER WHO OPERATES A NEW STORE LOCATED IN A FOOD DESERT.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides income tax credit and sales tax exemption for grocers in food deserts, reducing business tax burden to incentivize investment in underserved areas.95% confidence

Sub-Topics Income Tax Sales Tax Tax Credits

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passed · South Carolina · House Apr 9, 2025

H 3869: 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 PROVIDE FOR A SALES TAX EXEMPTION FOR CERTAIN CLOTHING REQUIRED FOR USE IN PERISHABLE PREPARED FOOD MANUFACTURING FACILITIES.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides sales tax exemption for food manufacturing clothing, reducing business tax burden and aligning with tax relief indicators.85% confidence

Sub-Topics Sales Tax Tax Incentives

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