Bills Assigned to Keyword - Finance/Revenue/Taxes (43)

Date of Last Recorded Action: 4/24/2024


H 3093 Authorizes municipal and county councils to impose a community charge on nonprofit hospitals, colleges and universities Summary of the bill as introduced: Gives municipal and county councils the ability to impose a community charge on nonprofit hospitals, colleges and universities.
Sponsor: Todd Rutherford House Com: MMPMA Senate Com:
Status: House - Referred to Committee on Medical, Military, Public and Municipal Affairs Status Date: 1/10/2023
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3413 Allows the millage rate limitation to be suspended and millage rate increased to purchase equipment for law enforcement, fire rescue and EMSSummary of the bill as introduced: Allows the millage rate limitation to be suspended and millage rate increased to purchase equipment and make expenditures to improve law enforcement, fire rescue and EMS. This bill also requires a minimum salary for law enforcement and expenditures for body-worn cameras and post-traumatic stress disorder services.
Sponsor: Christopher Wooten House Com: WM Senate Com:
Status: Scrivener's error corrected Status Date: 1/31/2023
Keywords: Finance/Revenue/Taxes House Police Public Safety
Of Interest
H 3492 Suspends a local government's payments from the Local Government Fund if the local government is found to have violated state lawSummary of the bill as introduced: Suspends a local government's payments from the Local Government Fund if the local government is found to have violated state law.
Sponsor: Steven Long House Com: MMPMA Senate Com:
Status: House - Referred to Committee on Medical, Military, Public and Municipal Affairs Status Date: 1/10/2023
Keywords: Finance/Revenue/Taxes House
Priority
H 3511 Requires a county to consult with other affected taxing entities before entering into a fee in lieu of property taxes agreementSummary of the bill as introduced: Requires a county to consult with other affected taxing entities before entering into a fee in lieu of property taxes agreement.
Sponsor: Annie McDaniel House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/10/2023
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3591 Repeals a section of the state constitution that prohibits the state or its political subdivisions from providing direct aid to certain institutions02.14.2023 The House Judiciary Committee gave this bill a favorable report.02.09.2023 The House Judiciary Constitutional Laws subcommittee gave this bill a favorable report.Summary of the bill as introduced: Repeals a section of the state constitution that prohibits the state or its political subdivisions from providing direct aid to religious or other private educational institutions.
Sponsor: Murrell Smith House Com: Judy Senate Com: Judy
Status: House - Committee report: Favorable Judiciary Status Date: 2/16/2023
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3604 Authorizes the expenditure of funds from the state disbursement of the American Rescue Plan Act of 202101.12.2023 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee. The full committee added an amendment that clarifies that ARPA funds received by the SC Office of Resilience pursuant to Act 244, continue to be used in the manner in which they were approved.01.12.2023 The House Ways and Means Revenue Policy subcommitte gave this bill a favorable report as amended. The amendment includes $586.6 million to the SC Rural Infrastructure Authority to continue the SC Infrastructure Investment Program and $500 million from the contingency reserve fund to the SC Department of Commerce for infrastructure funding related to economic development projects that were approved by the Joint Bond Review Committee and the State Fiscal Accountability Authority. Summary of the bill as introduced: Authorizes the expenditure of funds from the state disbursement of the American Rescue Plan Act of 2021 and the contingency reserve fund.
Sponsor: Bruce Bannister House Com: WM Senate Com: Fin
Status: Act No. 3 Status Date: 3/23/2023
Keywords: Finance/Revenue/Taxes
Passed
H 3806 Repeals Act 388Summary of the bill as introduced: Repeals Act 388 that imposed a millage cap on municipalities. 
Sponsor: Christopher Hart House Com: WM Senate Com:
Status: Scrivener's error corrected Status Date: 2/8/2023
Keywords: Finance/Revenue/Taxes
Of Interest
H 3809 Amends the state constitution to eliminate the fifteen percent limit on increases in the value of propertySummary of the bill as introduced: Amends the state constitution to eliminate the fifteen percent limit on increases in the value of property and eliminates the assessable transfer of interest as an event that changes the value of real property.
Sponsor: Christopher Hart House Com: WM Senate Com:
Status: Scrivener's error corrected Status Date: 2/8/2023
Keywords: Finance/Revenue/Taxes
Of Interest
H 3964 Provides a tax credit for a taxpayer that contracts with a small business Summary of the bill as introduced: Provides a tax credit for a taxpayer that contracts with a small business that necessitates the small business hiring additional full time employees.
Sponsor: Wendell Jones House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Collins Status Date: 2/29/2024
Keywords: Finance/Revenue/Taxes
Of Interest
H 4118 Increases the amount of the community development tax credit and extends the sunset provision Summary of the bill as introduced: Increases the amount of the community development tax credit and extends the sunset provision until June 30, 2029.
Sponsor: David Weeks House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 4/6/2023
Keywords: Finance/Revenue/Taxes
Of Interest
H 4181 Prohibits the General Assembly from appropriating any funds in the state budget for nonessential projects through earmarksSummary of the bill as introduced: Prohibits the General Assembly from appropriating any funds in the state budget for nonessential projects through earmarks.
Sponsor: Joe White House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Magnuson Status Date: 5/9/2023
Keywords: Finance/Revenue/Taxes
Of Interest
H 4214 Applies rollback taxes to the previous tax year instead of the previous three tax yearsSummary of the bill as introduced: Applies rollback taxes to the previous tax year instead of the previous three tax years.
Sponsor: Steven Long House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 3/29/2023
Keywords: Finance/Revenue/Taxes
Of Interest
H 4294 Allows the governing body of a rural county to suspend the millage cap limitation to support a fire protection district 03.21.2024 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.03.19.2024 The House Ways and Means Property Tax subcommittee gave this bill a favorable report as amended. The amendment calculates population by the previous census and places a 2% cap on the overall fire district's budget.Summary of the bill as introduced: Allows the governing body of a rural county to suspend the millage cap limitation to support a fire protection district.
Sponsor: Benjamin Connell House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 4/2/2024
Keywords: Finance/Revenue/Taxes
Of Interest
H 4299 Continues to pay the expenses of state government if the FY 2023-2024 begins without a General Appropriations Act Summary of the bill as introduced: Continues to pay the expenses of state government if the FY 2023-2024 begins without a General Appropriations Act.
Sponsor: Bruce Bannister House Com: WM Senate Com:
Status: Effective date 07/01/23 Status Date: 6/5/2023
Keywords: Finance/Revenue/Taxes
Passed
H 4300 Makes appropriations and provides revenues to meet the ordinary expenses of state government for the Fiscal Year beginning July 1, 202304.04.2023 The Senate Finance Committee gave this bill a favorable report.Summary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses of state government for the Fiscal Year beginning July 1, 2023.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: House - Vetos 1 -11 continued Status Date: 2/6/2024
Keywords: Finance/Revenue/Taxes
Priority
H 4301 Appropriates money from the Capital Reserve Fund for Fiscal Year 2022-202304.04.2023 The Senate Finance Committee gave this bill a favorable report.Summary of the bill as introduced: Appropriates money from the Capital Reserve Fund for Fiscal Year 2022-2023.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 86 Status Date: 7/6/2023
Keywords: Finance/Revenue/Taxes
Priority
H 4534 Creates a first responder retirement income deductionSummary of the bill as introduced: Creates an income tax deduction for surviving spouses of first responders.
Sponsor: Thomas Beach House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: McCravy Status Date: 1/18/2024
Keywords: Finance/Revenue/Taxes House
Of Interest
H 4547 Extends the South Carolina Abandoned Buildings Revitalization Act Summary of the bill as introduced: Extends the Abandoned Buildings Revitalization tax credit until December 31, 2035.
Sponsor: Brandon Newton House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Pendarvis Status Date: 1/10/2024
Keywords: Advocacy Initiatives 2023 Finance/Revenue/Taxes General Governance House
Priority
H 4552 Amends current law to include the development of affordable housing as an allowable redevelopment project in a military TIF03.27.2024 The Senate Labor, Commerce and Industry Committee gave this bill a favorable report.03.20.2024 The Senate Labor, Commerce and Industry Labor and Employment subcommittee gave this bill a favorable report as amended. The amendment changes the effective date to July 1.02.27.2024 The House Medical, Military, Public and Municipal Affairs Committee gave this bill a favorable report.02.14.2024 The House Medical, Military, Public and Municipal Affairs Municipal and Public Affairs subcommittee gave this bill a favorable report.Summary of the bill as introduced: Amends current law to include the development of affordable housing as an allowable redevelopment project in a military tax increment financing district.
Sponsor: Marvin Pendarvis House Com: MMPMA Senate Com: LCI
Status: House - Returned to Senate with amendments Status Date: 4/18/2024
Keywords: Economic Development Finance/Revenue/Taxes House
Of Interest
H 4579 Requires the state auditor to annually audit each county, municipality and school districtSummary of the bill as introduced: Requires the state auditor to annually audit each county, municipality and school district.
Sponsor: Annie McDaniel House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/9/2024
Keywords: Finance/Revenue/Taxes House
Of Interest
H 4637 Requires any festival that receives state funds to provide free admission to all South Carolina residentsSummary of the bill as introduced: Requires any festival that receives state funds or incentives to provide free admission to all South Carolina residents with a valid proof of residency.
Sponsor: April Cromer House Com: WM Senate Com:
Status: Scrivener's error corrected Status Date: 1/10/2024
Keywords: Finance/Revenue/Taxes General Governance House
Of Interest
H 4643 Enacts the Taxpayer Transparency ActSummary of the bill as introduced: Requires a county council to develop and make publicly available a searchable budget database website.
Sponsor: Melissa Oremus House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/9/2024
Keywords: Finance/Revenue/Taxes House
Of Interest
H 4659 Allows a municipality or a county to impose an impact fee that applies only to residential developments Summary of the bill as introduced: Allows a municipality or a county to impose an impact fee that applies only to residential developments.
Sponsor: Timothy McGinnis House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Bailey, Schuessler, Hardee, Brittain Status Date: 1/24/2024
Keywords: Finance/Revenue/Taxes House
Priority
H 4714 Requires a two-thirds vote of county council to increase property taxesSummary of the bill as introduced: Requires a two-thirds vote of county council to increase property taxes.
Sponsor: Melissa Oremus House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/9/2024
Keywords: Finance/Revenue/Taxes House
Of Interest
H 4720 Continues to fund the operations of state government if the fiscal year begins without a General Appropriations Act02.27.2024 The Senate Finance Committee gave this bill a favorable report.02.06.2024 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Continues to fund the operations of state government if the fiscal year begins without a General Appropriations Act.
Sponsor: Bruce Bannister House Com: Senate Com: Fin
Status: Senate - Read third time and enrolled Status Date: 3/20/2024
Keywords: Finance/Revenue/Taxes
Priority






Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc