Bills Assigned to Keyword - Finance/Revenue/Taxes (44)

Date of Last Recorded Action: 4/19/2024


H 3050 Instructs the SC DMV to collect motor vehicles taxes owed to local governments04.23.2019 The House Education and Public Works Motor Vehicles subcommittee did not take action on this bill although it was on the agenda.Summary of the bill as introduced: Instructs the SC Department of Motor Vehicles to develop a procedure to collect car taxes owed to local governments at the same time a person registers a vehicle.
Sponsor: John Mccravy House Com: EdPW Senate Com:
Status: House - Referred to Committee on Education and Public Works Status Date: 1/8/2019
Keywords: Finance/Revenue/Taxes House Week of 04.22.2019
Of Interest
H 3120 Requires the annual financial audits of municipalities to be submitted to the Comptroller General Summary of the bill as introduced: Requires the annual financial audits of municipalities to be submitted to the Comptroller General, and requires the Comptroller General to withhold any funds from a municipality until its report is received.
Sponsor: John King House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2019
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3128 Requires the state auditor to approve any auditor engaged by a municipalitySummary of the bill as introduced: Requires the state auditor to approve any auditor or auditing firm engaged by a municipality to perform an audit.
Sponsor: JA Moore House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2019
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3137 Changes the funding formula of the Local Government Fund04.09.2019 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee.04.09.2019 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report as amended. The amendment allows an increase or decrease capped at five percent beginning in FY2021.01.29.2019 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.01.24.2019 The House Ways and Means General Government Legislative subcommittee gave this bill a favorable report as amended. The amendment deletes the language that changes the name of the Local Government Fund and keeps the city portion of the LGF at 16.7222 percent instead of the 17 percent in the bill. Summary of the bill as introduced: Changes the name of the Local Government Fund to the Local Government Revenue Sharing Fund and requires the Fund for the upcoming fiscal year to increase by the same percentage that the state general fund is projected to increase, not to exceed five percent compared to the appropriation in the current fiscal year.
Sponsor: Murrell Smith House Com: WM Senate Com: Fin
Status: Act No. 84 Status Date: 6/10/2019
Keywords: Finance/Revenue/Taxes House Week of 01.21.2019 Week of 01.28.2019 Week of 04.08.2019
Priority
H 3168 Allows municipalities without an operating millage on January 1, 2019, to impose an operating millageSummary of the bill as introduced: Allows municipalities that do not have an operating millage on January 1, 2019, or municipalities that incorporate after January 1, 2019, to impose an operating millage.
Sponsor: Anne Thayer House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Hewitt Status Date: 1/24/2019
Keywords: Finance/Revenue/Taxes House
Priority
H 3174 Requires bicyclists operating electric-assist bicycles to be subject to all laws applicable to bicyclists04.24.2019 The Senate Committee gave this bill a favorable report as amended by the subcommittee.04.23.2019 A Senate Transportation subcommittee gave this bill a favorable report as amended. The amendment only made technical changes.04.02.2019 The House Education and Public Works Committee gave this bill a favorable report as amended by the subcommittee. 03.19.2019 The House Education and Public Works Motor Vehicle subcommittee gave this bill a favorable report as amended. The amendment clarifies that e-bikes cannot be classified as motorcycles.02.18.2019 The House Education and Public Works Motor Vehicles subcommittee adjourned debate on this bill.  Summary of the bill as introduced: Requires bicyclists operating electric-assist bicycles to be subject to all laws applicable to bicyclists.
Sponsor: Jason Elliott House Com: EdPW Senate Com: Tran
Status: Act No. 114 Status Date: 2/7/2020
Keywords: Finance/Revenue/Taxes House Week of 02.18.2019 Week of 03.18.2019 Week of 04.01.2019 Week of 04.22.2019
Of Interest
H 3186 Creates an income tax credit for certain companies that invest in opportunity zones during the tax yearSummary of the bill as introduced: Creates an income tax credit for certain companies that invest in opportunity zones during the tax year.
Sponsor: Marvin Pendarvis House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2019
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3341 Increases the individual lobbyist and lobbyist's principal registration fees to $200Summary of the bill as introduced: Increases the individual lobbyist and lobbyist's principal registration fees to $200.
Sponsor: Bill Taylor House Com: Judy Senate Com:
Status: House - Referred to Committee on Judiciary Status Date: 1/8/2019
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3410 Authorizes a municipality to impose a community charge on nonprofit hospitals and institutions of higher learningSummary of the bill as introduced: Authorizes a municipality to impose a community charge on nonprofit hospitals and institutions of higher learning, not to exceed the costs of the services provided to the hospitals and institutions.
Sponsor: Todd Rutherford House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/8/2019
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3411 Makes appropriations and provides revenues to meet the ordinary expenses for FY 2020-2021Summary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses for FY 2020-2021.
Sponsor: Garry Smith House Com: WM Senate Com: Fin
Status: Act No. 135 Status Date: 5/19/2020
Keywords: Finance/Revenue/Taxes House
Priority
H 3414 Requires a zero-based budget process beginning with FY 2021Summary of the bill as introduced: Requires the state to implement a zero-based budget process beginning with FY 2021.
Sponsor: Leonidas Stavrinakis House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Davis Status Date: 1/23/2019
Keywords: Finance/Revenue/Taxes House
Of Interest
H 3485 Makes appropriations and provides revenues to meet the ordinary expenses for FY 2020-2021Summary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses for FY 2020-2021.
Sponsor: Joseph Jefferson House Com: WM Senate Com: Fin
Status: Act No. 172 Status Date: 10/7/2020
Keywords: Finance/Revenue/Taxes Week of 01.07.2019
Priority
H 3625 Repeals Act 388 of 2006Summary of the bill as introduced: Repeals all of the provisions of Act 388, passed in 2006, that impose a millage cap on local governments.
Sponsor: Christopher Hart House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/16/2019
Keywords: Finance/Revenue/Taxes Week of 01.14.2019
Of Interest
H 3682 Amends the SC Textiles Communities Revitalization Act Summary of the bill as introduced: Amends the SC Textiles Communities Revitalization Act to clarify that a certain cap on rehabilitated expenses only applies to certain rehabilitated buildings on contiguous parcels.
Sponsor: Gary Simrill House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/22/2019
Keywords: Finance/Revenue/Taxes Week of 01.21.2019
Priority
H 3775 Revises the freeholder agreement procedure by county governments for the creation of special tax districtsSummary of the bill as introduced: Revises the freeholder agreement procedure by county governments for the creation of special tax districts.
Sponsor: Alan Clemmons House Com: WM Senate Com:
Status: House - Committed to Committee on Ways and Means Status Date: 2/5/2020
Keywords: Finance/Revenue/Taxes Week of 01.28.2019
Of Interest
H 3833 Enacts the Municipal Tax Relief Act Summary of the bill as introduced: Allows a municipality to impose a sales tax through a referendum, which cannot exceed one percent, for municipal tax relief and for certain authorized projects.
Sponsor: Jason Elliott House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/31/2019
Keywords: Finance/Revenue/Taxes Week of 01.28.2019
Priority
H 3848 Exempts certain disabled veterans of the US Armed Forces from property taxes in the year that the disability occurredSummary of the bill as introduced: Exempts certain disabled veterans of the US Armed Forces from property taxes in the year that the disability occurred.
Sponsor: Christopher Hart House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 2/5/2019
Keywords: Finance/Revenue/Taxes Week of 02.04.2019
Of Interest
H 3998 Workforce and Senior Affordable Housing Act 01.21.2020 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee.01.16.2020 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report as amended. The amendment deletes the exemption of local fees and taxes including property tax. Summary of the bill as introduced: Allows a taxpayer eligible for a federal low-income housing tax credit to claim a low-income state tax credit.
Sponsor: Bruce Bannister House Com: WM Senate Com: Fin
Status: Act No. 137 Status Date: 5/19/2020
Keywords: Finance/Revenue/Taxes Property Taxes Week of 01.13.2020 Week of 01.20.2020 Week of 02.18.2019
Of Interest
H 4000 Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2019-2020Summary of the bill as introduced: Makes appropriations and provides revenues to meet the ordinary expenses of state government for FY 2019-2020.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 91 Status Date: 6/25/2019
Keywords: Finance/Revenue/Taxes Week of 03.04.2019
Priority
H 4001 Appropriates monies from the Capital Reserve Fund for FY 2018-2019Summary of the bill as introduced: Appropriates monies from the Capital Reserve Fund for FY 2018-2019.
Sponsor: Ways and Means House Com: Senate Com: Fin
Status: Act No. 92 Status Date: 7/10/2019
Keywords: Finance/Revenue/Taxes Week of 03.04.2019
Priority
H 4077 Creates the Local Government Financial Reports Study Committee Summary of the bill as introduced: Creates the Local Government Financial Reports Study Committee to make recommendations to the General Assembly that would result in greater compliance and accuracy of required audited financial statements.
Sponsor: Edward Tallon House Com: Judy Senate Com:
Status: Member(s) request name added as sponsor: R.Williams Status Date: 4/2/2019
Keywords: Finance/Revenue/Taxes Week of 02.25.2019
Of Interest
H 4153 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: 2/28/2019
Keywords: Finance/Revenue/Taxes Property Taxes Week of 02.25.2019
Of Interest
H 4243 Amends the job tax credit law to include professional sports teams03.20.2019 The House Ways and Means Committee gave this bill a favorable report.03.19.2019 The House Ways and Means Economic Development and Natural Resources subcommittee gave this bill a favorable report.Summary of the bill as introduced: Amends the job tax credit law to include professional sports teams.
Sponsor: Gary Simrill House Com: WM Senate Com: Fin
Status: Act No. 83 Status Date: 6/10/2019
Keywords: Finance/Revenue/Taxes Week of 03.11.2019 Week of 03.18.2019
Of Interest
H 4334 Enacts the South Carolina Income Tax Act for Individuals, Trusts and EstatesSummary of the bill as introduced: Changes the state income tax rate to a flat rate of 4.85 percent in taxable year 2021 phasing down over five years to a rate of 4.5 percent.
Sponsor: Thomas Pope House Com: WM Senate Com:
Status: House - Member(s) request name added as sponsor: Magnuson Status Date: 1/14/2020
Keywords: Finance/Revenue/Taxes Week of 03.25.2019
Of Interest
H 4343 Reduces the maximum cable television franchise fee from five percent of gross revenues to three percent of gross revenuesSummary of the bill as introduced: Reduces the maximum cable television franchise fee payable under a state-issued certificate of franchise authority from five percent of gross revenues to three percent of gross revenues.
Sponsor: Nathan Ballentine House Com: LCI Senate Com:
Status: House - Referred to Committee on Labor, Commerce and Industry Status Date: 3/28/2019
Keywords: Finance/Revenue/Taxes Week of 03.25.2019
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