Legislation Assigned to the House WM Committee (70)

Date of Last Recorded Action: 5/1/2024


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 3019 Exempts a caretaker of a disabled child from a percentage of property taxesSummary of the bill as introduced: Exempts the first $50,000 of the value of the dwelling house and a lot not to exceed one acre of land of a resident who cares for a disabled child in the dwelling house and is unable to be employed outside of the house due to the needs of the child.
Sponsor: G. Murrell Smith, Jr. House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Property 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 3027 Allows active duty Armed Services members to claim the four percent assessment ratio02.18.2014 The Senate Finance committee gaave this bill a favorable report as amended by the subcommittee.02.06.2014 The Senate Finance Property Taxation subcommittee gave this bill a favorable report with an amendment. The amendment changes the effective date from 2012 to 2013.04.17.2013 The House Ways and Means committee gave this bill a favorable report.04.16.2013 The House Ways and Means Property Tax subcommittee gave this bill a favorable report with an amendment. The amendment conforms the bill to the Senate version S301.Summary of the bill as introduced: Allows an active duty member of the US Armed Forces to claim the four percent assessment ratio on property regardless of the owner's relocation and regardless of any rental income. This bill also allows members to claim the four percent assessment ratio on two residences as long as the owner is trying the sell the first residence within 30 days of buying the second residence.
Sponsor: G. Murrell Smith, Jr. House Com: WM Senate Com: Fin
Status: Act No. 133 Status Date: 3/19/2014
Keywords: Property Taxes
Passed
H 3081 Bases a business license fee on the number of employees and not gross incomeSummary of the bill as introduced: Requires that the imposition of a business license tax on a business must be based on the size of the business in terms of number of employees and not on its gross income. This bill also requires county and municipal governments to establish a clear and concise policy for the administrative enforcement of their business license tax.
Sponsor: James H. Merrill House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Business License Business Licensing
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 3106 Increases the amount for property tax homestead exemption 04.16.2013 The House Ways and Means Property Tax subcommittee carried this bill over.Summary of the bill as introduced: Increases the property tax homestead exemption amount from the first $50,000 of the fair market value to the first $75,000.
Sponsor: William E. "Bill" Crosby House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Property Taxes
Of Interest
H 3111 Exempts certain businesses from property taxesSummary of the bill as introduced: Exempts a portion of the fair market value of all real property associated with a facility for the generation of electric power placed into service after the effective date of this bill.
Sponsor: William "Bill" Clyburn House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Property Taxes
Of Interest
H 3113 Allows a total property tax exemption for homeowners 65 years old and olderSummary of the bill as introduced: Allows an exemption from all property tax equal to 100 percent of the value subject to tax of an owner-occupied residence if the owner is 65 years old or older.
Sponsor: L. Kit Spires House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Property 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 3158 Requires counties to allow installment payments of property taxesSummary of the bill as introduced: Requires counties after 2013 to allow installment payment of property taxes and requires tax notices to include information about the installment option.
Sponsor: Leon Howard House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Property 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 3180 Transfers ownership of the Clover National Guard ArmorySummary of the bill as introduced: Transfers ownership of the Clover National Guard Armory to the Town of Clover.
Sponsor: Thomas E. "Tommy" Pope House Com: WM Senate Com: Fin
Status: Act No. 117 Status Date: 8/13/2013
Keywords: General Governance
Passed
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 3239 Exempts certain property taxes for multiunit residential propertySummary of the bill as introduced: Requires multiunit residential real property containing four units or less which each unit occupant occupies as his primary residence on a rental or ownership basis must be taxed on an assessment equal to four percent.
Sponsor: William K. "Bill" Bowers House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2013
Keywords: Property Taxes
Of Interest
H 3252 Classifies solar energy real property as agricultural propertySummary of the bill as introduced: Classifies solar energy real property as agricultural property for property tax purposes.
Sponsor: James E. Smith, Jr. House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/9/2013
Keywords: Property Taxes
Of Interest
H 3256 Allows active duty Armed Services members to claim the four percent assessment ratioSummary of the bill as introduced: Allows an active duty member of the US Armed Forces to claim the four percent assessment ratio on property regardless of the owner's relocation as long as the owner is on active duty.
Sponsor: James E. Smith, Jr. House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Atwater, Huggins Status Date: 1/15/2014
Keywords: Property Taxes
Of Interest
H 3265 Reduces property taxes on manufacturing to six percent 04.16.2013 The House Ways and Means Property Tax subcommittee adjourned debate on this bill.Summary of the bill as introduced: Reduces the assessment ratio of property taxes on manufacturing, utility and mining real and personal property from 10.5 percent to 6 percent.
Sponsor: Tommy M. Stringer House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/9/2013
Keywords: Property 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






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