Bills Assigned to Keyword - Finance/Revenue/Taxes (78)

Date of Last Recorded Action: 4/26/2024


H 3004 Allows the four percent tax assessment ratio for active duty members of the Armed ForcesSummary of the bill as introduced: Allows residential property owned by an active duty member of the Armed Forces of the US to be taxed at the special four percent assessment ratio for so long as the owner remains on active duty and does not claim the four percent ratio on any other property.
Sponsor: Michael A. Pitts House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Huggins Status Date: 1/14/2014
Keywords: Finance/Revenue/Taxes
Of Interest
H 3015 Authorizes investment in Israeli corporationsSummary of the bill as introduced: Authorizes political subdivision investments in obligations of Israeli corporations, the state of Israel or a political subdivision of the state of Israel so long as the obligation is denominated in US dollars and bear an investment grate rating of at least two nationally recognized rating services.
Sponsor: Alan D. Clemmons House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Putnam Status Date: 1/9/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3018 Makes changes to the state tax systemSummary of the bill as introduced: Makes changes to state tax law.
Sponsor: W. Brian White House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: G.A.Brown Status Date: 1/29/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3020 Taxpayer Fairness ActSummary of the bill as introduced: Changes the tax rate in state law.
Sponsor: James H. Merrill House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3022 Requires municipal courts to use set off debt collectionSummary of the bill as introduced: Requires a municipal court to utilize the setoff debt collection act on debts due and owing for over a year.
Sponsor: William G. "Bill" Herbkersman House Com: Judy Senate Com:
Status: House - Referred to Committee on Judiciary Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3093 South Carolina Abandoned Buildings Revitalization Act 05.30.2013 The Senate Finance committee gave this bill a favorable report with an amendment. The amendment strikes all of the language in the bill and replaces it with the language in S234, the Senate version of the bill.04.17.2013 The House Ways and Means committee gave this bill a favorable report with an amendment. The amendment includes Savings and Loans in the state income tax credit.04.10.2013 The House Ways and Means Sales and Income Tax subcommittee gave this bill a favorable report with an amendment. The amendment makes the bill effective January 1, 2013.Summary of the bill as introduced: Allows a taxpayer making investments of a certain size in rehabilitating an abandoned building may receive income tax credits or credits against the property tax liability.
Sponsor: James E. Smith, Jr. House Com: WM Senate Com: Fin
Status: Act No. 57 Status Date: 6/18/2013
Keywords: Finance/Revenue/Taxes
Passed
H 3095 Bill Wylie Entrepreneurship Act of 2013Summary of the bill as introduced: Allows for state nonrefundable income tax credits allocated by the Department of Commerce for qualified investments in businesses primarily engaged in manufacturing, processing, warehousing, wholesaling, software development, IT services, research and development.
Sponsor: Joseph S. Daning House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3105 Extends requirements for financing agreements for local governmentsSummary of the bill as introduced: Extends the definition of "financing agreement" to include the acquisition, construction, renovation or repair of any asset of the governmental entity.
Sponsor: F. Gregory "Greg" Delleney, Jr. House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3114 Deletes the sales tax exemption on unprepared foodSummary of the bill as introduced: Deletes the exemption allowed for unprepared food items.
Sponsor: L. Kit Spires House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes Sales Taxes
Of Interest
H 3115 Changes the formula for funding the Local Government FundSummary of the bill as introduced: Changes the amount required to be appropriated to the Local Government Fund to the amount appropriated for FY 2013-2014 increased annually and cumulatively by the increase in CPI and the difference between the amount required to the appropriated annual to the LGF and 4.5 percent of state general fund revenues must be credited to the State Highway Fund.
Sponsor: James H. Merrill House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes
Priority
H 3116 South Carolina Fair Tax Act 05.30.2013 The House Ways  and Means Sales and Income Tax subcommittee adjourned debate on this bill.Summary of the bill as introduced: Reconstructs the payment and distribution of the state sales tax revenue.
Sponsor: Bill Taylor House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Goldfinch Status Date: 2/26/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3179 Makes changes and updates to the state tax codeSummary of the bill as introduced: Makes changes and updates to the South Carolina tax code of laws.
Sponsor: W. Brian White House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Powers Norrell Status Date: 1/29/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3233 Adds a surcharge on motor vehicle registrations for highway fundSummary of the bill as introduced: Requires a $30 surcharge to be imposed on each motor vehicle registration fee in the state and requires that additional revenue to be used for the repair, paving and resurfacing of roads and bridges.
Sponsor: Joseph H. Jefferson House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3300 Prevents imposing a penalty for a late hospitality tax paymentSummary of the bill as introduced: Prohibits a penalty from being imposed for late hospitality tax payments received within seven days of the due date that in the aggregate exceeds five percent of the delinquent tax.
Sponsor: Leonidas E. "Leon" Stavrinakis House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/10/2013
Keywords: Accommodations/Hospitality Taxes Finance/Revenue/Taxes
Of Interest
H 3319 High Growth Small Business Job Creation Act of 2013 04.10.2013 The House Ways and Means Sales and Income Tax subcommittee carried this bill over. Members plan to use H3505 as the vehicle to pass this legislation.Summary of the bill as introduced: Creates state nonrefundable income tax credits for qualified investments in businesses meeting certain criteria and primarily engaged in manufacturing, processing, warehousing, wholesaling, software development, IT services, research and development.
Sponsor: Dwight A. Loftis House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/15/2013
Keywords: Economic Development Finance/Revenue/Taxes
Of Interest
H 3341 Eliminates Act 388Summary of the bill as introduced: Changes the process of property tax reassessment back to the previous method before Act 388 was passed.
Sponsor: Christopher R. "Chris" Hart House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/16/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3390 Beach Preservation Act 04.09.2013 The House Ways and Means Licenses, Fees, Insurance Tax and Other Charges subcommittee adjourned debate on this bill.Summary of the bill as introduced: Allows a qualified coastal municipality to impose a fee not to exceed one percent on the gross proceeds derived from the rental or charges for accommodations furnished to transients subject to the municipality's local accommodations tax.
Sponsor: F. Michael "Mike" Sottile House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/23/2013
Keywords: Finance/Revenue/Taxes General Governance
Of Interest
H 3412 Requires the car tax to be credited to the State Highway Fund 04.23.2013 The Senate Finance Special Subcommittee on Transportation only heard testimony and did not take action on any bill on the agenda.02.19.2013 The House Ways and Means committee gave this bill a favorable report as amended by the subcommittee.02.07.2013 The House Ways and Means Revenue Policy Legislative subcommittee gave this bill a favorable report with an amendment. The amendment phases in the requirement over two years.Summary of the bill as introduced: Requires the sales, use and casual excise tax revenue from the sale, use or titling of  vehicles required to the registered and licensed by the state DMV to be credited to the state non-federal aid highway fund.
Sponsor: Robert W. Harrell, Jr. House Com: WM Senate Com: Fin
Status: Senate - Roll call Ayes-34 Nays-4 Status Date: 4/30/2014
Keywords: Finance/Revenue/Taxes Transportation
Of Interest
H 3501 Allows the General Assembly to cut the Local Government Fund 02.19.2013 The House Ways and Means committee gave this bill a favorable report.02.07.2013 The House Ways and Means Revenue Policy Legislative subcommittee gave this bill a favorable report.Summary of the bill as introduced: Suspends the law that restricts amending or repealing provisions in the State Aid to Subdivisions Act for FY 2013-2014 and FY2014-2015.
Sponsor: W. Brian White House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 2/28/2013
Keywords: Finance/Revenue/Taxes
Priority
H 3533 Limits the state's general fund revenueSummary of the bill as introduced: Limits the general fund appropriations for a fiscal year to the total amount of the general fund revenue estimate as of February 15, 2013, for FY2013-2014, increased annually and cumulatively by a percentage determined by population increases and increases in CPI.
Sponsor: Garry R. Smith House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 2/7/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3565 Requires an audit of certain court feesSummary of the bill as introduced: Requires the state auditor to conduct the audit of county and municipal treasurers and clerks of court in cooperation with the entities that receive certain court fees.
Sponsor: Michael A. Pitts House Com: Judy Senate Com:
Status: House - Referred to Committee on Judiciary Status Date: 2/19/2013
Keywords: Courts Finance/Revenue/Taxes
Of Interest
H 3605 Makes textile mill site rehabilitation tax credits transferable 05.15.2013 The House Ways and Means Sales and Income Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Makes the income tax credits allowed for expenses incurred by a taxpayer in the rehabilitation, renovation or redevelopment of a textile mill site transferable.
Sponsor: Daniel P. "Dan" Hamilton House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 2/21/2013
Keywords: Finance/Revenue/Taxes
Of Interest
H 3640 Increases the gas taxSummary of the bill as introduced: Increases the user fee on gasoline and diesel fuel to 21 cents per gallon.
Sponsor: Jimmy C. Bales House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 2/27/2013
Keywords: Finance/Revenue/Taxes Transportation
Of Interest
H 3645 Increases the gas tax 04.09.2013 The House Ways and Means Licenses, Fees, Insurance Tax and Other Charges subcommittee adjourned debate on this bill.Summary of the bill as introduced: Increases the user fee on gasoline and diesel fuel to 21 cents per gallon.
Sponsor: Tommy M. Stringer House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Jefferson Status Date: 3/5/2013
Keywords: Finance/Revenue/Taxes Transportation
Of Interest
H 3710 State Budget BillSummary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2013.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 101 Status Date: 8/1/2013
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