Budget & Taxes

in committee · South Carolina · House Jan 30, 2025

H 3853: Redevelopment fees

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-10-88, RELATING TO REDEVELOPMENT FEES REMITTED BY THE DEPARTMENT OF REVENUE, SO AS TO REMOVE AN ANNUAL MAXIMUM AND TO REMOVE A SUNSET PROVISION; AND BY AMENDING ACT 356 OF 2002 SO AS TO DELETE A PROVISION REQUIRING THE SHARING OF CERTAIN REVENUE.

Topics ✓ Budget & TaxesSupports Budget & TaxesRemoves annual fee cap and sunset on redevelopment fees, increasing state revenue retention without sharing requirements.90% confidence

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in committee · South Carolina · House Jan 14, 2025

H 3424: Property tax relief for seniors

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA PROPERTY TAX RELIEF FOR SENIORS ACT"; BY AMENDING SECTION 12-37-250, RELATING TO HOMESTEAD PROPERTY TAX EXEMPTION ALLOWED FOR PERSONS WHO ARE OVER THE AGE OF SIXTY-FIVE YEARS, DISABLED, OR LEGALLY BLIND, SO AS TO INCREASE THE EXEMPTION AMOUNT FROM THE FIRST FIFTY THOUSAND DOLLARS TO THE FIRST ONE MILLION DOLLARS OF THE FAIR MARKET VALUE OF THE HOMESTEAD; AND BY ADDING ARTICLE 12 TO CHAPTER 36, TITLE 12 SO AS TO PROVIDE FOR AN ADDITIONAL SALES, USE, AND CASUAL EXCISE TAX.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemption for seniors from $50k to $1M, providing direct tax relief to lower-income seniors and reducing state tax revenue, aligning with tax relief indicators.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives

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in committee · South Carolina · House Feb 11, 2025

H 3951: Tenant Protection Act of 2025

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "TENANT PROTECTION ACT OF 2025" BY ADDING SECTION 12-37-3137 SO AS TO PROVIDE A PROPERTY TAX EXEMPTION LIMITING THE INCREASE IN PROPERTY TAX VALUE FOLLOWING AN ASSESSABLE TRANSFER OF INTEREST WHEN THE PROPERTY WILL BE SUBJECT TO A CERTAIN SIX PERCENT ASSESSMENT RATIO.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates property tax exemption limiting post-transfer tax increases, providing direct tax relief for property owners subject to assessment ratio changes.95% confidence ✓ HousingSupports HousingBill titled 'Tenant Protection Act' limits property tax increases after transfers, preventing rent hikes and protecting tenants per title and mechanism. Aligns with tenant protection indicators.90% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Tenant Rights

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in committee · South Carolina · House Jan 14, 2025

H 3647: Earmark Transparency Act

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "EARMARK TRANSPARENCY ACT" BY ADDING SECTION 2-1-270 SO AS TO SET FORTH THE MANNER IN WHICH EARMARKS MAY BE AWARDED.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates transparency in earmark allocation, promoting fiscal accountability and responsible budget management per topic description.85% confidence

Sub-Topics Appropriations

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in committee · South Carolina · House Jan 28, 2025

H 3811: Education tax credit

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3830 SO AS TO PROVIDE FOR AN INCOME TAX CREDIT FOR CERTAIN TAXPAYERS WHO HAVE A CHILD WHO ATTENDS A QUALIFYING PRIVATE SCHOOL, PAROCHIAL SCHOOL, OR HOME SCHOOL.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides income tax credit for private/home school families, reducing tax burden and aligning with tax relief indicators under Budget & Taxes.90% confidence ✓ EducationSupports EducationProvides tax credit for private/parochial/home schooling, expanding educational access options for families within K-12 education framework.95% confidence

Sub-Topics Income Tax Tax Credits School Choice

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in committee · South Carolina · House Mar 27, 2025

H 4245: Workforce Advancement and Taxpayer Reinvestment Act

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA WORKFORCE ADVANCEMENT AND TAXPAYER REINVESTMENT ACT" BY ADDING ARTICLE 43 TO CHAPTER 6, TITLE 12 SO AS TO PROVIDE TAX RELIEF FOR SOUTH CAROLINIANS WHO TRANSITION FROM GOVERNMENT ASSISTANCE TO SELF-SUFFICIENCY THROUGH EDUCATION AND EMPLOYMENT AND TO INCENTIVIZE BUSINESSES THAT HIRE AND RETAIN THESE INDIVIDUALS, REINFORCING A FREE-MARKET APPROACH TO ECONOMIC MOBILITY AND REDUCING LONG-TERM GOVERNMENT DEPENDENCE.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief for low-income individuals exiting government assistance, directly supporting middle/lower income tax policies per bill summary.95% confidence

Sub-Topics Tax Incentives

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in committee · South Carolina · House Feb 5, 2025

H 3465: Food desert tax credit

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3830 SO AS TO PROVIDE FOR AN INCOME TAX CREDIT FOR A GROCER WHO OPENS A NEW LOCATION IN A FOOD DESERT; AND BY AMENDING SECTION 12-36-2120, RELATING TO SALES TAX EXEMPTIONS, SO AS TO PROVIDE A SALES TAX EXEMPTION FOR CERTAIN PURCHASES MADE BY A GROCER WHO OPERATES A NEW STORE LOCATED IN A FOOD DESERT.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides income tax credit and sales tax exemption for grocers in food deserts, reducing business tax burden to incentivize investment in underserved areas.95% confidence

Sub-Topics Income Tax Sales Tax Tax Credits

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in committee · South Carolina · House Apr 23, 2025

H 4383: South Carolina Medicaid Protection and Expansion Act

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA MEDICAID PROTECTION AND EXPANSION ACT" BY ADDING ARTICLE 10 TO CHAPTER 6, TITLE 44 SO AS TO CREATE A MEDICAID STABILITY FUND TO MITIGATE THE IMPACT OF FEDERAL FUNDING REDUCTIONS; TO FULLY ADOPT MEDICAID EXPANSION UNDER THE FEDERAL PATIENT PROTECTION AND AFFORDABLE CARE ACT; AND TO REQUIRE AN ECONOMIC AND HEALTH IMPACT ASSESSMENT IN COORDINATION WITH HOSPITALS AND HEALTH SYSTEMS.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates Medicaid Stability Fund to protect state funding for healthcare, fully adopts Medicaid expansion requiring state budget allocation for essential public service.92% confidence ✓ HealthcareSupports HealthcareExpands Medicaid coverage under ACA, creates stability fund to protect access, aligns with support indicators for coverage expansion and protection95% confidence

Sub-Topics Medicaid

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passed · South Carolina · House Mar 31, 2026

H 3368: Income tax on overtime pay

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1120, RELATING TO MODIFICATIONS TO GROSS INCOME FOR INDIVIDUAL INCOME TAX PURPOSES, SO AS TO EXCLUDE OVERTIME PAY AND CERTAIN BONUS PAY FROM GROSS INCOME.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes overtime pay from taxable income, providing tax relief to workers and reducing individual tax burden per tax code amendment.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentExcludes overtime pay from taxable income, increasing workers' net earnings without reducing wages or benefits.95% confidence

Sub-Topics Income Tax Labor Standards

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in committee · South Carolina · House Jan 15, 2025

H 3741: Active duty military income tax deduction

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1140, RELATING TO INCOME TAX DEDUCTIONS, SO AS TO DEDUCT TAXABLE INCOME RECEIVED AS THE RESULT OF EMPLOYMENT AS AN ACTIVE-DUTY SERVICE MEMBER OF THE UNITED STATES ARMED FORCES.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for active-duty military income, reducing taxable income for middle-income earners and aligning with tax relief indicators.90% confidence

Sub-Topics Income Tax

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