Bills Assigned to Keyword - Finance/Revenue/Taxes (126)

Date of Last Recorded Action: 4/26/2024


H 3002 Education Finance Act of 2011Current summary of the bill: Creates a funding model for K-12 in SC developed by the Education Oversight Commission. 02.17.11 The House Ways and Means committee gave this bill a favorable report. 02.01.11 The House Ways and Means Revenue Policy subcommittee gave this bill a favorable report. Summary of the bill as introduced: This is an empty bill related to education funding. As soon as it is amended to include language, the summary will be updated.
Sponsor: Cooper House Com: Senate Com:
Status: Member(s) request name added as sponsor: Agnew Status Date: 2/15/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3067 SC Truth in Spending Act of 2011Summary of the bill as introduced: Requires state agencies and local governments to post online a detailed transaction register of all funds expended each month, credit card statements and full time employees group by class and salary of each class.
Sponsor: G.R. Smith House Com: Senate Com:
Status: Member(s) request name added as sponsor: McCoy Status Date: 2/23/2011
Keywords: Finance/Revenue/Taxes General Governance
Of Interest
H 3075 Increases the gasoline tax from 16 to 20 cents per gallonSummary of the bill as introduced: Increases the motor fuels user fee and the road tax on motor carries from 16 cents to 20 cents a gallon.
Sponsor: House Com: Senate Com:
Status: Status Date: 12/17/2010
Keywords: Finance/Revenue/Taxes Sales Taxes
Of Interest
H 3077 Property tax exemption for facilities that generate electric powerSummary of the bill as introduced: Provides an exemption for a portion of the fair market value of all real property associated with a facility for the generation of electric power.
Sponsor: Clyburn House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 1/11/2011
Keywords: Electric Finance/Revenue/Taxes
Of Interest
H 3192 Exemption from impact fees for construction of a schoolSummary of the bill as introduced: Exempts construction or renovation of an elementary, middle or secondary school facility from impact fees. This bill also makes the exemption retroactive to July 1, 2008.
Sponsor: Merrill House Com: Senate Com:
Status: Referred to Committee on Finance Status Date: 1/26/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3239 Revises the definition of index of taxpaying abilitySummary of the bill as introduced: Revises the definition of index of taxpaying ability to base the index for each school district on the wages of the county in which the district is located.
Sponsor: Herbkersman House Com: Senate Com:
Status: Member(s) request name added as sponsor: Long Status Date: 1/12/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3288 Links the Local Government Fund distribution to the annual population estimateSummary of the bill as introduced: Links the distribution ratio in the Local Government Fund to the most recent annual population estimate provided by the US Census.
Sponsor: Simrill House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 1/12/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3327 Changes a House rule to provide budget information 72 hours before a voteSummary of the bill as introduced: Establishes a 72 hour budget rule which versions of appropriations bill and revenue raising bills and amendments must be publicly available before consideration. 
Sponsor: Hamilton House Com: Senate Com:
Status: Member(s) request name added as sponsor: Young, Taylor Status Date: 1/20/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3346 State tax credit for installation of solar energy equipment04.24.12 The Senate Finance committee carried this bill over.04.12.12 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report with amendment. The amendment makes sure electric cities may sell electricity generated by solar energy equipment.03.13.12  The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report with an amendment. As soon as the amendment is available, it will be posted in the tracking system.02.28.12 The Senate Finance Sales and Income Tax subcommittee carried this bill over.04.05.11 The House Ways and Means committee gave this bill a favorable report.03.03.11 The House Ways and Means Sales and Income Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Allows a state tax credit for the installation of solar energy equipment equal to 35 percent.
Sponsor: Loftis House Com: Senate Com:
Status: Referred to Committee on Finance Status Date: 5/3/2011
Keywords: Environment Finance/Revenue/Taxes
Of Interest
H 3383 Debt Collection Agency Licensing ActSummary of the bill as introduced: Establishes the licensure and regulation of debt collection agencies by the Department of Consumer Affairs.
Sponsor: Cobb-Hunter House Com: Senate Com:
Status: Referred to Committee on Labor, Commerce and Industry Status Date: 1/20/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3404 Resolution to revise the index of taxpaying ability04.05.11 The House Ways and Means committee adjourned debate on this bill. 02.17.11 The House Ways and Means committee carried this bill over. 02.10.11 The House Ways and Means General Government, Personnel and Benefits subcommittee gave this bill a favorable report with an amendment. The amendments were not relevant to municipalities. Summary of the bill as introduced: Revises the calculation of the index of taxpaying ability by imputing an index value for owner-occupied residential property assessed at four percent of value and requires that for fiscal years 2011-2012 and 2012-2013 the index of taxpaying ability for real property assessed at six percent be calculated using sales ratio data.
Sponsor: Cooper House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 1/20/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3407 Educational Opportunity Act05.12.11 The House Ways and Means committee gave this bill a favorable report. 04.13.11 The House Ways and Means General Government, Personnel and Benefits subcommittee gave this bill a favorable report as amended. The amendment corrects language regarding franchise fees. 04.06.11 The House Ways and Means General Government, Personnel and Benefits subcommittee adopted a technical amendment to the bill but did not pass the bill out of the subcommittee. Summary of the bill as introduced: Allows a state income tax credit for tuition paid for a qualifying student to attend an independent school.
Sponsor: Herbkersman House Com: Senate Com:
Status: Roll call Yeas-60 Nays-59 Status Date: 5/25/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3419 Taxpayer Fairness Act02.17.11 The Ways and Means committee gave this bill a favorable report. 02.10.11 The House Ways and Means General Government, Personnel and Benefits subcommittee gave this bill a favorable report. Summary of the bill as introduced: Outlines that terms in the tax statutes of this state may not be given broader meaning that intended by policy documents and regulations of the Department of Revenue.
Sponsor: Merrill House Com: Senate Com:
Status: Referred to Committee on Finance Status Date: 3/15/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3428 Lowers property tax assessment on manufacturing propertySummary of the bill as introduced: Reduces the assessment ratio on manufacturing, utility and mining real and personal property from 10.5 percent to 6 percent of  value.
Sponsor: H.B. Brown House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 1/25/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3482 Sales tax exemptions on machinery for electricity productionSummary of the bill as introduced: Includes in state sales tax exemptions the gross proceeds of sales or the sales price of machinery, machine tools and parts used in the production of electricity from a renewable energy source.
Sponsor: Stavrinakis House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 1/27/2011
Keywords: Electric Finance/Revenue/Taxes
Of Interest
H 3486 State Agency Deficit Prevention and Recognition ActSummary of the bill as introduced: Prohibits a state agency, department or institution from running a year-end deficit unless the deficit is recognized by the General Assembly.
Sponsor: Parker House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 1/27/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3506 Includes site preparation costs in the jobs tax credit01.24.12 The Senate Finance Sales and Income Taxation subcommittee gave this bill a favorable report with an additional amendment. As soon as the amendment is available, it will be posted. 01.17.12 The Senate Finance Sales and Income Taxation subcommittee gave this bill a favorable report as amended. The amendment strikes current language and inserts new language. As soon as the amendment language is available, it will be posted. 04.05.11 The House Ways and Means committee carried this bill over. 03.03.11 The House Ways and Means Economic Development, Capital Improvements and Other Taxes subcommittee gave this bill a favorable report. Summary of the bill as introduced: Includes certain site preparation costs with the definition of infrastructure improvements that give rise to the jobs tax credit.
Sponsor: Loftis House Com: Senate Com:
Status: Act No. 233 Status Date: 6/26/2012
Keywords: Economic Development Finance/Revenue/Taxes
Passed
H 3516 Suspends restrictions on amending or repealing provisions in the State Aid to Subdivisions Act04.14.11 The Senate Finance committee gave this bill a favorable report. 03.08.11 The Senate Finance committee carried this bill over. 02.17.11 The House Ways and Means committee gave this bill a favorable report. 02.01.11 The House Ways and Means Revenue Policy subcommittee gave this bill a favorable report. Summary of the bill as introduced: Allows the General Assembly to reduce the funding to the Local Government Fund by suspending restrictions on amending or repealing provisions in the State Aid to Subdivisions Act for fiscal year 2011-2012. This bill also allows counties for fiscal year 2011-2012 to transfer among appropriated state revenues as needed to ensure delivery of services.
Sponsor: Cooper House Com: Senate Com:
Status: Committee report: Favorable Finance Status Date: 4/19/2011
Keywords: Finance/Revenue/Taxes
Priority
H 3540 State tax credit to employers for hiring an unemployed individual receiving unemployment benefitsSummary of the bill as introduced: Allows a state tax credit for employers hiring an unemployed individual receiving unemployment compensation benefits.
Sponsor: Hart House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 2/2/2011
Keywords: Employment/Personnel Finance/Revenue/Taxes
Of Interest
H 3579 Transfers 10 percent of other funds to the General Fund from the current fiscal year's budgetSummary of the bill as introduced: Amends the state budget from fiscal year 2010-2011 and requires the transfer of 10 percent of other funds to the general fund of the state.
Sponsor: Ballentine House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 2/3/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3580 Applies all across-the-board reductions to all appropriated fundsSummary of the bill as introduced: Requires any across-the-board reductions in appropriations to be applied to all appropriated funds including the state general fund, except for federal funds, and all other funds.
Sponsor: Ballentine House Com: Senate Com:
Status: Member(s) request name added as sponsor: McCoy Status Date: 2/8/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3641 Directs the Budget and Control Board to implement the zero-based budget processSummary of the bill as introduced: Directs the Office of the State Budget and the State Budget and Control Board  to implement the zero-based budget process.
Sponsor: G.R. Smith House Com: Senate Com:
Status: Member(s) request name added as sponsor: Young, Taylor Status Date: 3/31/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3651 Revises the calculation of rollback millage in municipalities and counties03.08.11 The House Ways and Means Property Tax subcommittee adjourned debate on this bill. Summary of the bill as introduced: Revises the method of calculating rollback millage and imposes an equivalent millage for municipal property tax when municipal boundaries extend into multiple counties on different reassessment schedules.
Sponsor: Cooper House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 2/10/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3654 Repeals Act 388Summary of the bill as introduced: Restores property tax law to previous methods before Act 388 was passed in 2006.
Sponsor: Sellers House Com: Senate Com:
Status: Referred to Committee on Ways and Means Status Date: 2/10/2011
Keywords: Finance/Revenue/Taxes
Of Interest
H 3700 2011-2012 State Appropriations BillSummary 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, 2011.
Sponsor: House Ways and Means House Com: Senate Com:
Status: Act No. 73 Status Date: 8/2/2011
Keywords: Finance/Revenue/Taxes
Passed






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