Legislation Assigned to the Senate Fin Committee (28)

Date of Last Recorded Action: 5/7/2021


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: Senate - Roll call Ayes-45 Nays-0 Status Date: 5/6/2021
Keywords: Electric Environment House Utilities
Of Interest
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: Senate - Roll call Ayes-45 Nays-0 Status Date: 5/6/2021
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
Of Interest
H 3948 Allows a county to impose another sales and use tax in addition to an existing transportation authority03.18.2021 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: Senate - Referred to Committee on Finance Status Date: 4/7/2021
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: House - Committed to Committee on Ways and Means Status Date: 5/5/2021
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: Senate - Read third time and enrolled Status Date: 4/30/2021
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 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
S 0233 Allows qualified surviving spouses to qualify for a property tax exemption if they own the houseSummary of the bill as introduced: Allows a qualified surviving spouse to qualify for a property tax exemption if that qualified surviving spouse owns the house.
Sponsor: Ross Turner House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Property Taxes Senate
Of Interest
S 0234 Allows an employer to elect to pay all or a portion of required employee contributions to the SC Retirement System or Police Officers Retirement SystemSummary 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 or Police Officers Retirement System, with certain limits.
Sponsor: Ross Turner House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Retirement Senate
Of Interest
S 0270 Reduces the revenue threshold from $900,000 in accommodations taxes collected to $750,000Summary of the bill as introduced: Reduces the revenue threshold in counties from $900,000 in accommodations taxes collected to $750,000.
Sponsor: Margie Matthews House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Accommodations/Hospitality Taxes Senate
Of Interest
S 0271 Extends the SC Abandoned Buildings Revitalization Act until December 31, 202503.18.2021 The House Ways and Means Committee gave this bill a favorable report.03.16.2021 The House Ways and Means Economic Development subcommittee gave this bill a favorable report.02.02.2021 The Senate Finance Committee gave this bill a favorable report as amended. The amendment adds separated by a road or railroad01.27.2021 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.Summary of the bill as introduced: Extends the provisions of the SC Abandoned Buildings Revitalization Act until December 31, 2025.
Sponsor: Scott Talley House Com: WM Senate Com: Fin
Status: Act No. 21 Status Date: 4/28/2021
Keywords: Advocacy Initiatives 2021 Finance/Revenue/Taxes Senate
Passed
S 0274 Repeals the law prohibiting the removal, relocation or renaming of monumentsSummary of the bill as introduced: Repeals the law governing the prohibition on removal, relocation or renaming of monuments.
Sponsor: Margie Matthews House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: General Governance Senate
Of Interest
S 0328 Deletes the earning limitation for return-to-work retirees in the Police Officers Retirement SystemSummary of the bill as introduced: Deletes the earning limitation for return-to-work retirees in the Police Officers Retirement System.
Sponsor: Michael Fanning House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Retirement Senate
Of Interest
S 0332 Repeals Act 388Summary of the bill as introduced: Repeals the provisions of Act 388.
Sponsor: Michael Fanning House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Finance/Revenue/Taxes Property Taxes Senate
Of Interest
S 0359 Limits the amount of a stormwater fee Summary of the bill as introduced: Limits the amount of a stormwater fee to 15% of the amount of property taxes levied on the property by the local governing body. 
Sponsor: Rex Rice House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Senate Sewer Utilities Water
Of Interest
S 0361 Changes the amount of earnings a retiree can earn under the South Carolina Retirement System upon returning to work Summary of the bill as introduced: Changes the amount of earnings a retiree can earn under the South Carolina Retirement System upon returning to work from $10,000 to an amount not to exceed the earnings test exempt lower amount for individuals below normal retirement age.
Sponsor: Rex Rice House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Retirement Senate
Of Interest
S 0397 Allows municipalities to assess and collect a business license tax on railroads03.24.2021 The Senate Finance Property Tax subcommittee carried this bill over.Summary of the bill as introduced: Allows municipalities to assess and collect a business license tax on railroads.
Sponsor: Richard Harpootlian House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Business License Business Licensing Finance/Revenue/Taxes Senate
Of Interest
S 0401 Allows a county council to suspend the millage increase limit to support a fire protection district03.16.2021 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee.03.09.2021 The Senate Finance Property Tax subcommittee gave this bill a favorable report as amended. The amendment limits the millage cap suspension to 2 years after the effective date of this legislation and includes special purpose districts. Summary of the bill as introduced: Allows a county council to suspend the millage increase limit to support a fire protection district.
Sponsor: Penry Gustafson House Com: Senate Com: Fin
Status: Senate - Roll call Ayes-22 Nays-20 Status Date: 4/6/2021
Keywords: Finance/Revenue/Taxes Fire Senate
Of Interest
S 0443 Allows for the issuance of bonds to defray the cost of infrastructure for certain economic development projects 01.28.2021 The Senate Finance Natural Resources and Economic Development subcommittee carried this bill over.Summary of the bill as introduced: Allows for the issuance of bonds to defray the cost of infrastructure for certain economic development projects.
Sponsor: Hugh Leatherman House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/12/2021
Keywords: Economic Development
Of Interest
S 0476 Prohibits elected officials, public employees or members of boards and commissions from possessing or using a credit card issued for official dutiesSummary of the bill as introduced: Prohibits elected officials, public employees or members of boards and commissions from possessing or using a financial transaction card issued for official duties.
Sponsor: Thomas McElveen House Com: Senate Com: Fin
Status: Senate - Referred to Committee on Finance Status Date: 1/21/2021
Keywords: 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