Budget & Taxes

passed both · South Carolina · House May 14, 2026

H 4337: Subpoena Powers

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 2-15-130 SO AS TO GRANT SUBPOENA POWERS TO THE LEGISLATIVE AUDIT COUNCIL; BY AMENDING SECTION 2-15-40, RELATING TO THE QUALIFICATIONS FOR THE DIRECTOR OF THE LEGISLATIVE AUDIT COUNCIL, SO AS TO EXPAND THE PREREQUISITES FOR HOLDING THE POSITION OF DIRECTOR, AMONG OTHER CHANGES; BY AMENDING SECTION 2-15-61, RELATING TO ACCESS TO AGENCY RECORDS, SO AS TO EXPAND THE LEGISLATIVE AUDIT COUNCIL'S ACCESS TO RECORDS AND FACILITIES UPON REQUEST AND TO PROVIDE PENALTIES FOR FAILING TO COMPLY; AND BY AMENDING SECTION 2-15-120, RELATING TO THE CONFIDENTIALITY OF RECORDS, SO AS TO FURTHER DEFINE WHICH RECORDS ARE CONSIDERED CONFIDENTIAL AND TO REVISE THE DEFINITION OF "RECORDS."

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands Legislative Audit Council subpoena powers to strengthen fiscal oversight and accountability for government spending.85% confidence

Sub-Topics Audits & Accountability

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in committee · South Carolina · House Jan 14, 2025

H 3463: Property tax exemption

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE THAT CERTAIN SURVIVING SPOUSES ARE ELIGIBLE FOR THE EXEMPTION.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for surviving spouses, reducing their tax burden - tax relief for lower/middle income group.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · South Carolina · House Jan 14, 2025

H 3461: Income tax exemption

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1120, RELATING TO GROSS INCOME, SO AS TO EXCLUDE CERTAIN FIRST RESPONDER WAGES.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes first responder wages from taxable income, providing targeted tax relief for a specific group, aligning with support indicators for tax relief.95% confidence

Sub-Topics Income Tax Tax Incentives

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in committee · South Carolina · House Feb 19, 2026

H 3793: Overtime income tax exemption

H 3793 would exempt all overtime income earned by South Carolina individual taxpayers from the state's income tax. The bill requires that overtime pay not be counted toward taxable income and prohibits state tax withholding on overtime earnings. It applies directly to workers who receive overtime pay, including those in hourly or salaried positions covered by overtime rules. The exemption would take effect upon the governor's approval, with the tax department allowed to request necessary information for administration. This policy change would reduce the state income tax burden for eligible workers receiving overtime compensation.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts overtime income from state income tax, providing direct tax relief to workers, aligning with support indicators for middle-income tax relief.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentExempts overtime pay from state tax, increasing workers' take-home pay and directly supporting wage compensation standards.95% confidence

Sub-Topics Income Tax Tax Incentives Labor Standards

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in committee · South Carolina · Senate Jan 14, 2025

S 14: Tax Free Formula and Baby Food

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO EXEMPTIONS FROM SALES TAX SO AS TO PROVIDE A SALES TAX EXEMPTION FOR BABY FORMULA AND BABY FOOD.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts baby formula and food from sales tax, providing tax relief for lower-income families on essential items.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House May 28, 2025

H 3435: Income tax exemption

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1120, RELATING TO GROSS INCOME, SO AS TO EXCLUDE CERTAIN GRATUITIES AND TIPS FROM GROSS INCOME.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes tips from gross income, reducing taxable income for service workers (often lower/middle income), aligning with tax relief indicators.90% confidence

Sub-Topics Income Tax Tax Incentives

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in committee · South Carolina · Senate Jan 23, 2025

S 260: Excess Insurance Premium Tax Credit

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-3670, RELATING TO THE CREDIT FOR EXCESS PREMIUM PAID FOR PROPERTY AND CASUALTY INSURANCE, SO AS TO RAISE THE MAXIMUM AMOUNT OF THE CREDIT ALLOWED FOR A TAX YEAR FROM ONE THOUSAND TWO HUNDRED FIFTY DOLLARS TO TWO THOUSAND DOLLARS.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit limit from $1,250 to $2,000, providing greater tax relief for individuals paying insurance premiums.95% confidence

Sub-Topics Tax Credits

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in committee · South Carolina · House Jan 14, 2025

H 3298: Overtime income tax exemption

H 3298 would exempt overtime income from South Carolina's individual income tax. It directly affects South Carolina residents who earn overtime pay, including hourly workers across various industries. The bill requires that overtime income not be included in taxable income and prohibits state tax withholding on overtime earnings. The exemption applies to income tax years beginning after 2024, with the South Carolina Department of Revenue allowed to request necessary administrative information. This is a direct policy change to tax calculation rules, not a procedural measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts overtime income from state tax, providing tax relief to hourly workers (middle/lower income), aligning with tax relief indicators for Budget & Taxes.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentExempts overtime pay from state tax, increasing net wages for hourly workers and aligning with wage support indicators in Labor & Employment policies.90% confidence

Sub-Topics Income Tax Tax Incentives Labor Standards

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in committee · South Carolina · Senate Jan 17, 2025

S 64: Income Tax Deduction

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-1172 SO AS TO ALLOW A SOUTH CAROLINA INCOME TAX DEDUCTION OF ALL MILITARY RETIREMENT OR FIRST RESPONDER RETIREMENT INCOME; AND BY AMENDING SECTION 12-6-1170, RELATING TO RETIREMENT INCOME DEDUCTION FROM TAXABLE INCOME FOR INDIVIDUALS, SO AS TO MAKE A CONFORMING CHANGE.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds tax deduction for military/first responder retirement income, providing tax relief per Budget & Taxes indicators.95% confidence ✓ VeteransSupports VeteransAllows tax deduction for military retirement income, reducing tax burden on veterans' benefits directly supporting financial welfare.95% confidence

Sub-Topics Income Tax

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in committee · South Carolina · Senate Jan 16, 2025

S 234: Income Tax

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1120, RELATING TO GROSS INCOME, COMPUTATION OF GROSS INCOME, AND MODIFICATIONS TO GROSS INCOME FOR STATE INCOME TAX PURPOSES, SO AS TO EXCLUDE TIPS FROM THE COMPUTATION OF SOUTH CAROLINA GROSS, AND TO DEFINE TIPS.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes tips from taxable income, reducing tax burden on service workers (lower-income earners), aligning with tax relief indicators.95% confidence

Sub-Topics Income Tax

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