Legislation Assigned to the Senate Fin Committee (54)

Date of Last Recorded Action: 3/17/2023


H 3106 Allows an employer to elect to pay all or a portion of required employee contributions to the SC Retirement System05.03.2022 The Senate Finance Committee gave this bill a favorable report.05.03.2022 The Senate Finance Retirement Systems subcommittee gave this bill a favorable report.03.31.2022 The House Ways and Means Committee gave this bill a favorable report.02.25.2021 The House Ways and Means General Government subcommittee gave this bill a favorable report.Summary of the bill as introduced: Allows an employer to elect to pay all or a portion of required employee contributions to the SC Retirement System and the Police Officers Retirement System.
Sponsor: Bruce Bannister House Com: WM Senate Com: Fin
Status: Senate - Read second time Status Date: 5/11/2022
Keywords: Employment/Personnel House Retirement
Of Interest
H 3126 Prohibits the state or political subdivision from accepting federal funds to enforce a federal mask or vaccine mandate02.22.2022 The Senate Finance Committee gave this bill a favorable report as amended. The amendment provides unemployment to employees terminated due to noncompliance retroactively. 02.17.2022 The Senate Special Finance subcommittee gave this bill a favorable report as amended. The amendment prohibits local governments from terminating the employment of a first responder for not receiving the COVID-19 vaccine.Summary of the bill as introduced: Prohibits the state or political subdivision from accepting federal funds to enforce an unlawful federal mask or unlawful vaccine mandate.
Sponsor: Stewart Jones House Com: WM Senate Com: Fin
Status: Act No. 142 Status Date: 5/2/2022
Keywords: General Governance House
Of Interest
H 3252 Increases the grant amounts for the V-Safe Program for firefighters05.10.2022 The Senate Finance Natural Resources and Economic Development subcommittee gave this bill a favorable report.03.31.2022 The House Labor, Commerce and Industry Committee gave this bill a favorable report as amended. The amendment strikes all of the language in the original bill and adds language that simplifies the definition of fire departments and simplifies the description of the projects that can be used with these funds. Eligible fire departments may be awarded annual grants of $20,000 - $23,000. 03.30.2022 The House Labor, Commerce and Industry Business and Commerce subcommittee gave this bill a favorable report.Summary of the bill as introduced: Increases the V-Safe Program grant funds each year by the increase of the consumer price index for all chartered fire departments. 
Sponsor: Brian White House Com: LCI Senate Com: Fin
Status: Scrivener's error corrected Status Date: 4/7/2022
Keywords: Finance/Revenue/Taxes Fire House
Of Interest
H 3340 Increases the maximum annual credit amount for infrastructure and economic development projects05.03.2022 The Senate Finance Committee gave this bill a favorable report as amended. The amendment only makes technical changes.  04.27.2022 The Senate Finance Natural Resources and Economic Development subcommittee gave this bill a favorable report as amended. The amendment only made technical amendments.03.31.2022 The House Ways and Means Committee gave this bill a favorable report as amended. The amendment only corrects a technical error.Summary of the bill as introduced: Increases the maximum annual state license credits allowed taxpayers for contributions to qualifying infrastructure and economic development projects from $400,000 to $600,000.  
Sponsor: William Bailey House Com: WM Senate Com: Fin
Status: Act No. 184 Status Date: 5/31/2022
Keywords: Economic Development Finance/Revenue/Taxes House
Of Interest
H 3354 Exempts a renewable energy resource property from property taxes05.04.2021 The Senate Finance Committee gave this bill a favorable report as amended. The amendment only makes a technical change.05.04.2021 The Senate Finance Property Tax subcommittee gave this bill a favorable report.03.18.2021 The House Ways and Means Committee gave this bill a favorable report.03.17.2021 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Exempts a renewable energy resource property having a nameplate capacity of an operating at no greater than 20 kilowatts from property taxes.
Sponsor: Nathan Ballentine House Com: WM Senate Com: Fin
Status: Act No. 68 Status Date: 6/1/2021
Keywords: Electric Environment House Utilities
Passed
H 3482 Authorizes a county to establish an alternative payment schedule for property taxes05.04.2021 The Senate Finance Committee gave this bill a favorable report.05.04.2021 The Senate Finance Property Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Authorizes a county to establish an alternative payment schedule for property taxes.
Sponsor: Leonidas Stavrinakis House Com: WM Senate Com: Fin
Status: Act No. 69 Status Date: 6/1/2021
Keywords: Finance/Revenue/Taxes House Property Taxes
Of Interest
H 3707 Makes appropriations for vaccine distribution in South Carolina 02.02.2021 The Senate Finance Committee gave this bill a favorable report as amended. The amendments include political subdivisions as eligible to receive funds from DHEC and adds facility rental as an allowable expense for vaccine events.02.02.2021 A Senate Finance Special subcommittee gave this bill a favorable report.01.25.2021 The House Ways and Means Committee gave this bill a favorable report.Summary of the bill as introduced: Allocates $108 million to the SC Department of Health and Environmental Control and the Medical University of South Carolina to distribute the COVID-19 vaccine throughout the state.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 2 Status Date: 2/24/2021
Keywords: General Governance
Passed
H 3948 Allows a county to impose another sales and use tax in addition to an existing transportation authority05.03.2022 The Senate Finance Committee gave this bill a favorable report.04.26.2022 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.03.18.2021 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.03.16.2021 The House Ways and Means Sales, Use and Income tax subcommittee gave this bill a favorable report as amended. The amendment clarifies that this tax is in addition to the transportation penny.Summary of the bill as introduced: Allows a county to impose another sales and use tax in addition to an existing transportation authority.
Sponsor: Leonidas Stavrinakis House Com: WM Senate Com: Fin
Status: Act No. 189 Status Date: 5/31/2022
Keywords: Finance/Revenue/Taxes Local Option Sales Tax Transportation
Of Interest
H 4100 Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2021-202204.20.2021 The Senate Finance Committee gave this bill a favorable report as amended by the committee.Summary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2021-2022.
Sponsor: Ways and Means House Com: WM Senate Com: Fin
Status: Senate - Conference committee appointed Leatherman, Peeler, Setzler Status Date: 6/9/2021
Keywords: Finance/Revenue/Taxes
Priority
H 4101 Appropriates monies from the Capital Reserve Fund for FY 2021-202204.20.2021 The Senate Finance Committee gave this bill a favorable report.Summary of the bill as introduced: Appropriates monies from the Capital Reserve Fund for FY 2021-2022.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 95 Status Date: 7/12/2021
Keywords: Finance/Revenue/Taxes
Passed
H 4243 Requires a property tax adjustment for damages caused by flooding or a hurricane03.31.2022 The House Ways and Committee gave this bill a favorable report as amended by the subcommittee.04.28.2021 The House Ways and Means Property Tax subcommittee gave this bill a favorable report as amended. The amendment adds "significant wind event" to the bill.Summary of the bill as introduced: Requires a property tax adjustment for damages caused by flooding or a hurricane. 
Sponsor: Heather Crawford House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 4/7/2022
Keywords: Property Taxes
Of Interest
H 4408 Authorizes the expenditure of American Rescue Plan funding04.12.2022 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee.04.05.2022 The Senate Finance American Rescue Plan Act subcommittee gave this bill a favorable report as amended. The amendment change the language back to the Senate version of the bill and adds $8 million for grant management services.02.09.2022 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.02.03.2022 The House Ways and Means SRS and ARPA Appropriations Ad Hoc subcommittee gave this bill a favorable report as amended. The amendments allocate the federal ARPA funding.Summary of the bill as introduced: Authorizes the expenditure of federal American Rescue Plan Act funding. 
Sponsor: Murrell Smith House Com: WM Senate Com: Fin
Status: Act No. 244 Status Date: 7/25/2022
Keywords: Finance/Revenue/Taxes
Priority
H 4918 Increases the earnings amount for retirees returning to work under the SC Police Officers Retirement System 03.31.2022 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.03.09.2022 The Ways and Means General Government subcommittee gave this bill a favorable report as amended. The amendment adds a 12-month required break in service before returning to work for an SC Retirement System employer and includes language for the Police Officers Retirement Systems that allows officers to return to work after retirement in a critical need law enforcement position.   Summary of the bill as introduced: Increases the earnings amount for retirees returning to work under the SC Police Officers Retirement System from $10,000 to $50,000.
Sponsor: Anne Thayer House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 4/7/2022
Keywords: Police Retirement
Of Interest
H 4985 I-95 Corridor Authority Act 03.31.2022 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.03.29.2022 The House Ways and Means General Government subcommittee gave this bill a favorable report as amended. The amendment prohibits legislators or their relatives from being appointed to the authority.Summary of the bill as introduced: Establishes the I-95 Corridor Authority Act and provides for the composition, duties and powers of the authority.
Sponsor: Lonnie Hosey House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 4/7/2022
Keywords: General Governance
Of Interest
H 5075 Limits the SC Housing Tax Credit03.31.2022 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.03.29.2022 The House Ways and Means Economic Development subcommittee gave this bill a favorable report as amended. The amendment requires 40% of the cap to be applied to rural areas.Summary of the bill as introduced: Limits the SC Housing Tax credit.
Sponsor: Murrell Smith House Com: WM Senate Com: Fin
Status: Act No. 202 Status Date: 5/31/2022
Keywords: Finance/Revenue/Taxes General Governance
Of Interest
H 5150 Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2022-2023Summary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2022-2023.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 239 Status Date: 6/29/2022
Keywords: Finance/Revenue/Taxes
Priority
H 5182 Enacts the South Carolina Opioid Recovery Act 05.05.2022 The Senate Finance Committee gave this bill a favorable report as amended. The amendments add one additional appointment to the board from the Municipal Association, one appointment by the Senate and one appointment by the House. 04.07.2022 The House Judiciary Constitutional Laws subcommittee gave this bill a favorable report as amended. The amendment replaces the current language in the bill with the language from S1203. Summary of the bill as introduced: Establishes the SC Opioid Recovery Fund and political subdivision subfund. 
Sponsor: James Lucas House Com: Judy Senate Com: Fin
Status: Act No. 222 Status Date: 6/1/2022
Keywords: General Governance
Of Interest
H 5278 Provides for the continuing authority to pay the expenses of state government if the fiscal year begins without a general appropriations actSummary of the bill as introduced: Provides for the continuing authority to pay the expenses of state government if the fiscal year begins without a general appropriations act.
Sponsor: Murrell Smith House Com: WM Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 5/12/2022
Keywords: Finance/Revenue/Taxes
Priority
S 0012 Allows an exemption from all property taxes if the owner is at least 75 years oldSummary of the bill as introduced: Allows an exemption from all property taxes of an owner-occupied residence if the owner is at least 75 years old.
Sponsor: Darrell Jackson House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Property Taxes Senate
Of Interest
S 0073 Requires a procurement officer to lower the price of an offer for award determinations if the end product was made by former inmatesSummary of the bill as introduced: Requires a procurement officer to lower the price of an offer by 2% for award determinations if the offer is submitted by a business who certifies that the end product was made primarily by former inmates.
Sponsor: Gerald Malloy House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Procurement Senate
Of Interest
S 0106 Renames and moves the Beach Restoration and Improvement Trust Fund03.30.2022 The Senate Fish, Game and Forestry Committee gave this bill a favorable report.03.17.2022 A Senate Fish, Game and Forestry subcommittee gave this bill a favorable report.Summary of the bill as introduced: Places the Beach Restoration and Improvement Trust Fund under the SC Department of Parks, Recreation and Tourism, and renames it the Beach Preservation Trust Act.
Sponsor: George Campsen House Com: Senate Com: Fin
Status: Scrivener's error corrected Status Date: 3/31/2022
Keywords: General Governance Senate
Of Interest
S 0149 Exempts volunteer firefighters from paying property taxes on their homeSummary of the bill as introduced: Exempts volunteer firefighters from paying property taxes on their home that they own.
Sponsor: Shane Massey House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Fire Property Taxes Senate
Of Interest
S 0163 Repeals the law governing prohibiting the removal, relocation or renaming of monumentsSummary of the bill as introduced: Repeals the current law that prohibits the removal, relocation or renaming of monuments on public property.
Sponsor: John Scott House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: General Governance Senate
Of Interest
S 0165 Clarifies that restrictions on moving or renaming monuments do not apply to political subdivisionsSummary of the bill as introduced: Clarifies that restrictions on moving or renaming monuments do not apply to property under the jurisdiction of political subdivisions.
Sponsor: John Scott House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: General Governance Senate
Of Interest
S 0176 Closes the SC Retirement System and establishes the SC Shared-Risk Defined Benefit Plan05.04.2021 The Senate Finance Retirement Systems subcommittee carried this bill over.03.30.2021 The Senate Finance Retirement Systems subcommittee carried this bill over.Summary of the bill as introduced: Closes the SC Retirement System and establishes the SC Shared-Risk Defined Benefit Plan to provide employees with a defined benefit retirement plan.
Sponsor: Sean Bennett House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Retirement Senate
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