Budget & Taxes

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 59-40-245 SO AS TO REDUCE STATE AID TO CLASSROOM DISTRIBUTION TO SCHOOL DISTRICTS IN AN AMOUNT EQUAL TO THE DISTRICT'S LOCAL REVENUE PER PUPIL FOR EACH STUDENT IN THE DISTRICT THAT ATTENDS A STATEWIDE AUTHORIZED CHARTER SCHOOL.

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "FAMILY PROTECTION ACT" BY AMENDING SECTION 12-6-3632, RELATING TO THE EARNED INCOME TAX CREDIT, SO AS TO ALLOW AN ADDITIONAL REFUNDABLE CREDIT; BY AMENDING SECTION 12-6-3380, RELATING TO THE TAX CREDIT FOR CHILD AND DEPENDENT CARE EXPENSES, SO AS TO ALLOW FOR AN ALTERNATIVE CREDIT; BY AMENDING SECTION 12-36-2120, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT CERTAIN ITEMS RELATED TO CHILDBIRTH; BY ADDING SECTION 12-6-3715 SO AS TO CREATE A TAX CREDIT FOR EMPLOYING CERTAIN NONVIOLENT EX-FELONS; BY ADDING SECTIONS 12-6-3835, 12-6-3840, 12-6-3845, 12-6-3850, 12-6-3855, 12-6-3860, AND 12-6-3865 SO AS TO PROVIDE TAX CREDITS FOR LIVING IN A HOUSEHOLD WHERE ONE ACTIVE DUTY FAMILY MEMBER IS DEPLOYED, FOR VETERAN-OWNED SMALL BUSINESSES, FOR HIRING CERTAIN VETERANS, FOR EMPLOYERS VOLUNTARILY PROVIDING CERTAIN FAMILY AND MEDICAL LEAVE, FOR EMPLOYERS PROVIDING CHILDCARE, FOR LIVING OR EMPLOYING PERSONS IN A COUNTY WITH A COMMUNITY JOBS PRIORITY ZONE, AND FOR UNPAID PRIMARY CAREGIVERS; BY ADDING SECTION 12-4-400 SO AS TO CREATE A SINGLE STATEWIDE WORKING FAMILIES TAX CREDIT PORTAL; BY ADDING SECTION 41-29-320 SO AS TO CREATE THE "WORKPLACE FLEXIBILITY GRANT PROGRAM"; BY ADDING SECTION 27-40-795 SO AS TO PROVIDE FOR CERTAIN WRITTEN NOTICE REQUIREMENTS IN RENTAL INCREASES; BY ADDING SECTION 6-1-200 SO AS TO PROVIDE THAT A MUNICIPALITY OR COUNTY MAY ESTABLISH A VOLUNTARY RENT STABILITY PROGRAM; BY ADDING SECTION 12-6-3830 SO AS TO PROVIDE FOR A STATE TAX CREDIT EQUAL TO THE FEDERAL LOW INCOME HOUSING TAX CREDIT; BY ADDING SECTION 31-13-100 SO AS TO CREATE THE "COMMUNITY HOUSING GROWTH INCENTIVES FUND"; BY ADDING CHAPTER 36 TO TITLE 1 SO AS ESTABLISH THE OFFICE OF FAMILY PROTECTION WITHIN THE DEPARTMENT OF ADMINISTRATION TO SUPPORT AND PROTECT FAMILIES AND CAREGIVERS BY IMPROVING EFFICIENCY, ELIMINATING DUPLICATION, AND MAXIMIZING THE USE OF FEDERAL AND PRIVATE RESOURCES, TO PROVIDE FOR THE OFFICE'S DUTIES AND AUTHORITY, TO CREATE THE FAMILY PROTECTION ADVISORY AND ACCOUNTABILITY BOARD AS AN ADVISORY BOARD FOR THE OFFICE, AND FOR OTHER PURPOSES; BY ADDING ARTICLE 9 TO CHAPTER 15, TITLE 2 SO AS TO CREATE THE "JOINT CITIZENS AND LEGISLATIVE COMMITTEE ON PRESCRIPTION DRUG AFFORDABILITY" TO SERVE AS AN ADVISORY BODY TO STUDY PRESCRIPTION DRUG COSTS AND TO MAKE RELATED RECOMMENDATIONS TO REDUCE STATE EXPENDITURES, TO PROVIDE FOR THE COMMITTEE'S MEMBERSHIP AND DUTIES, TO REQUIRE THE LEGISLATIVE AUDIT COUNCIL AND THE DEPARTMENT OF HEALTH AND HUMAN SERVICES TO STAFF THE COMMITTEE, AND FOR OTHER PURPOSES; BY ADDING SECTION 44-6-42 SO AS TO GIVE THE DEPARTMENT OF HEALTH AND HUMAN SERVICES THE AUTHORITY TO NEGOTIATE SUPPLEMENTAL REBATES AND BULK-PURCHASING AGREEMENTS WITH PHARMACEUTICAL COMPANIES, TO ESTABLISH A PREFERRED DRUG LIST, AND TO DEVELOP A STATE PHARMACY CARD FOR UNINSURED AND UNDERINSURED RESIDENTS; BY ADDING SECTION 44-53-364 SO AS TO REQUIRE THE DEPARTMENT OF PUBLIC HEALTH TO COORDINATE A PUBLIC EDUCATION CAMPAIGN ON PRESCRIPTION DRUG ACCESS AND AFFORDABILITY; BY ADDING ARTICLE 7 TO CHAPTER 35, TITLE 43 SO AS TO ESTABLISH AN UNPAID PRIMARY CAREGIVER REGISTRY AND IDENTIFICATION PROGRAM WITHIN THE DEPARTMENT OF SOCIAL SERVICES, TO ENTITLE ELIGIBLE CAREGIVERS TO CERTAIN FINANCIAL BENEFITS AND SERVICES, TO ESTABLISH A PRIMARY CAREGIVER GRANT FUND AND PROGRAM WITHIN THE DEPARTMENT OF HEALTH AND HUMAN SERVICES TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN LOW- AND MODERATE-INCOME PRIMARY CAREGIVERS, TO ESTABLISH A CAREGIVER RESPITE SERVICES PROGRAM WITHIN THE DEPARTMENT ON AGING TO OFFER RESPITE CARE FOR CAREGIVERS AND FOR OTHER PURPOSES; AND BY ADDING SECTION 41-1-140 SO AS TO PROHIBIT EMPLOYERS FROM RETALIATING AGAINST EMPLOYEES WHO ARE UNPAID PRIMARY CAREGIVERS AND TO REQUIRE CERTAIN EMPLOYERS TO PROVIDE UNPAID LEAVE FOR CAREGIVING EMERGENCIES.

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "MUNICIPAL TAX RELIEF ACT" BY ADDING CHAPTER 41 TO TITLE 5 SO AS TO AUTHORIZE CERTAIN MUNICIPALITIES TO IMPOSE UP TO A ONE PERCENT SALES TAX TO PROVIDE PROPERTY TAX RELIEF TO OWNER-OCCUPIED HOMES AND TO FINANCE CERTAIN PROJECTS, TO SPECIFY THE MANNER IN WHICH THE TAX MUST BE IMPOSED AND ADMINISTERED AND THE MANNER IN WHICH THE PROPERTY TAX CREDIT IS CALCULATED. - RATIFIED TITLE

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3531 SO AS TO ALLOW A TAX CREDIT TO A TAXPAYER THAT INVESTS IN A COMMUNITY DEVELOPMENT CORPORATION OR IN A COMMUNITY FINANCIAL INSTITUTION.

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-67-120, RELATING TO THE ABANDONED BUILDINGS REVITALIZATION ACT DEFINITIONS, SO AS TO CLARIFY THAT THE EXISTENCE OF AN INCOME-PRODUCING USE PRIOR TO THE PERIOD OF ABANDONMENT IS NOT A REQUIREMENT FOR ELIGIBILITY; BY AMENDING SECTION 12-67-130, RELATING TO APPLICABILITY, SO AS TO MAKE A CONFORMING CHANGE; BY AMENDING SECTION 12-67-140, RELATING TO ELIGIBILITY FOR THE CREDIT, SO AS TO CLARIFY CERTAIN TIMING CONSIDERATIONS, RELATED TO THE FILING OF A NOTICE OF INTENT TO REHABILITATE AN ABANDONED BUILDING AND TO CLARIFY THAT ABANDONED BUILDING TAX CREDITS MAY NOT SERVE AS COLLATERAL FOR ANY DEBT; BY AMENDING SECTION 12-67-160, RELATING TO THE CERTIFICATION OF ABANDONED BUILDING SITES, SO AS TO REMOVE A REQUIREMENT FOR CERTAIN CERTIFICATIONS OF STATE-OWNED ABANDONED BUILDING SITES; AND TO PROVIDE FOR CERTAIN ABEYANCE. - RATIFIED TITLE

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 57-5-200 SO AS TO PROVIDE THAT THE DEPARTMENT OF TRANSPORTATION SHALL TRANSFER OWNERSHIP OF CERTAIN ROADS TO THE COUNTY IN WHICH IT IS LOCATED; AND BY AMENDING SECTION 12-28-2740, RELATING TO THE DISTRIBUTION OF THE GASOLINE USER FEE AMONG COUNTIES AND REQUIREMENTS FOR EXPENDITURE OF FUNDS, SO AS TO REMOVE A REQUIREMENT THAT TWENTY-FIVE PERCENT OF A COUNTY'S APPORTIONMENT OF "C" FUNDS BE EXPENDED ON THE STATE HIGHWAY SYSTEM FOR CONSTRUCTION, IMPROVEMENTS, AND MAINTENANCE.

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO THE SALES TAX EXEMPTION FOR CERTAIN DATACENTERS, SO AS TO EXTEND THE EXEMPTION TO CERTAIN RELATED PERSONS OF THE TAXPAYER.

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "STATE OF SOUTH CAROLINA SMALL BUSINESS TAX CUT OF 2026"; 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 TO BE RETURNED TO THE DEPARTMENT OF REVENUE; 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; AND BY AMENDING SECTION 33-44-409, RELATING TO STANDARDS OF CONDUCT OF A CORPORATE OFFICER, SO AS TO PROVIDE AN EXCEPTION TO REFRAINING FROM COMPETING.

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE FOR CERTAIN PROPERTY TAX EXEMPTIONS FOR ONE PERSONAL MOTOR VEHICLE FOR INDIVIDUALS OVER SIXTY-FIVE YEARS OF AGE.

A JOINT RESOLUTION PROPOSING AN AMENDMENT TO SECTION 3, ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, RELATING TO PROPERTY EXEMPT FROM AD VALOREM TAXATION, SO AS TO EXEMPT BUSINESS PERSONAL PROPERTY.