Budget & Taxes

in committee · South Carolina · House Feb 5, 2025

H 3365: Eliminate the Marriage Tax Penalty Act

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "ELIMINATE THE MARRIAGE TAX PENALTY ACT" BY ADDING SECTION 12-6-525 SO AS TO ALLOW MARRIED TAXPAYERS WHO FILE A JOINT FEDERAL RETURN TO CALCULATE THEIR AMOUNT OF SOUTH CAROLINA INCOME TAX OWED FOR THE TAX YEAR AS THOUGH EACH TAXPAYER FILED A RETURN AS A SINGLE TAXPAYER IF THE TAXPAYERS' CUMULATIVE TAX OWED WOULD BE LESS THAN THE AMOUNT THEY WOULD OWE HAD THEY FILED A JOINT RETURN.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief for married couples by allowing lower tax calculation, reducing state tax liability for eligible filers under specific conditions.95% confidence

Sub-Topics Income Tax

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in committee · South Carolina · House Jan 14, 2025

H 3338: Sales tax exemption

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 EXEMPTIONS FOR DIAPERS.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts diapers from sales tax, providing direct tax relief for essential household items, aligning with support indicators for lower-income families.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · South Carolina · House Feb 13, 2025

H 3997: First responders

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1140, RELATING TO INCOME TAX DEDUCTIONS FOR FIRST RESPONDERS, SO AS TO INCLUDE COUNTY AND MUNICIPAL PUBLIC WORKS EMPLOYEES WHO MAY BE DEPLOYED IN EMERGENCIES; BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO INCLUDE THE SURVIVING SPOUSES OF COUNTY AND MUNICIPAL PUBLIC WORKS EMPLOYEES KILLED WHILE DEPLOYED IN EMERGENCIES; BY AMENDING SECTION 42-7-90, RELATING TO THE DEFINITION OF "FIRST RESPONDER" FOR PURPOSES OF RECEIVING WORKERS' COMPENSATION AWARD PAYMENTS BY THE STATE ACCIDENT FUND, SO AS TO INCLUDE COUNTY AND MUNICIPAL PUBLIC WORKS EMPLOYEES WHO MAY BE DEPLOYED IN EMERGENCIES; AND BY AMENDING SECTION 44-130-20, RELATING TO THE DEFINITION OF "FIRST RESPONDER" IN THE SOUTH CAROLINA OVERDOSE PREVENTION ACT, SO AS TO INCLUDE COUNTY AND MUNICIPAL PUBLIC WORKS EMPLOYEES WHO MAY BE DEPLOYED IN EMERGENCIES.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands income tax deductions and property tax exemptions for public works employees and their families, providing tax relief to public sector workers.95% confidence

Sub-Topics Income Tax Property Tax

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in committee · South Carolina · House May 28, 2025

H 3779: Gross income

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 INCOME, AND TO DEFINE TIPS.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes tips from taxable income computation, reducing tax burden for service workers (tax relief for lower/middle income).95% confidence

Sub-Topics Income Tax

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in committee · South Carolina · House Jan 14, 2025

H 3467: School district surplus land

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 AN EXEMPTION FOR CERTAIN AFFORDABLE HOUSING; AND BY ADDING SECTION 59-17-180 SO AS TO PROVIDE THAT A SCHOOL DISTRICT IS AUTHORIZED TO USE SURPLUS LAND FOR THE DEVELOPMENT OF CERTAIN AFFORDABLE HOUSING.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax exemption for affordable housing, providing tax relief and supporting housing affordability under fiscal policy.90% confidence ✓ HousingSupports HousingBill authorizes school districts to use surplus land for affordable housing development and provides property tax exemptions for such housing, directly advancing affordable housing initiatives.95% confidence

Sub-Topics Property Tax Affordable Housing Property Development Property Taxes

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in committee · South Carolina · House Feb 18, 2025

H 4028: Millage increases

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-1-320, RELATING TO THE LIMITATION ON MILLAGE INCREASES SO AS TO ALLOW THE GOVERNING BODY OF A RURAL COUNTY TO SUSPEND THE LIMITATION FOR THE PURPOSE OF SUPPORTING A FIRE PROTECTION DISTRICT.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allows rural counties to suspend millage increase limits for fire districts, enabling higher property tax revenue collection for essential public services.95% confidence

Sub-Topics Property Tax

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in committee · South Carolina · House Feb 5, 2025

H 3469: Accessory Dwelling Unit Affordable Housing Incentive Act

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "ACCESSORY DWELLING UNIT AFFORDABLE HOUSING INCENTIVE ACT" BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO PROVIDE A PROPERTY TAX EXEMPTION FOR CERTAIN ACCESSORY DWELLING UNITS.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for ADUs, reducing tax burden on qualifying affordable housing units, aligning with tax relief for housing affordability.95% confidence ✓ HousingSupports HousingProvides property tax exemption for ADUs to encourage development and increase affordable housing supply, directly advancing housing affordability goals.95% confidence

Sub-Topics Property Tax Tax Incentives Affordable Housing Property Taxes Zoning

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in committee · South Carolina · Senate Jan 14, 2025

S 13: Tax Deduction for Employer Contributions to 529 Accounts

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 59-2-80, RELATING TO TAX FEATURES OF THE SOUTH CAROLINA COLLEGE INVESTMENT PROGRAM, SO AS TO ALLOW EMPLOYERS TO MAKE TAX DEDUCTIBLE CONTRIBUTIONS TO EMPLOYEE COLLEGE INVESTMENT TRUST ACCOUNTS.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill amends tax code to allow employer tax deductions for 529 contributions, providing tax relief under tax policy.90% confidence ✓ EducationSupports EducationAllows tax-deductible employer contributions to 529 college savings plans, incentivizing higher education funding and access through tax benefits.95% confidence

Sub-Topics Higher Education

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in committee · South Carolina · House Jan 14, 2025

H 3355: Community charge

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 6-1-200 SO AS TO AUTHORIZE THE LOCAL GOVERNING BODY OF A COUNTY OR MUNICIPALITY TO IMPOSE A COMMUNITY CHARGE ON NONPROFIT HOSPITALS AND INSTITUTIONS OF HIGHER LEARNING, TO PROVIDE GUIDELINES FOR THE METHOD OF DETERMINING THE CHARGE, AND TO PROVIDE CERTAIN COLLECTION MEASURES.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes local governments to impose new tax on nonprofits, increasing local revenue for budgetary purposes95% confidence

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in committee · South Carolina · Senate Jan 15, 2025

S 207: Retirement Income Tax Deduction

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1170, RELATING TO THE RETIREMENT INCOME DEDUCTION FROM TAXABLE INCOME, SO AS TO INCREASE THE INDIVIDUAL DEDUCTION FROM FIFTEEN THOUSAND DOLLARS TO TWENTY THOUSAND DOLLARS, TO INCREASE THE DEDUCTION FOR MARRIED TAXPAYERS WHO FILE A JOINT FEDERAL INCOME TAX RETURN FROM THIRTY THOUSAND DOLLARS TO FORTY THOUSAND DOLLARS, AND TO PROVIDE FOR AN ANNUAL INFLATION ADJUSTMENT.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax deductions for retirement income, reducing taxable income and providing relief to retirees, aligning with tax relief indicators.95% confidence

Sub-Topics Income Tax

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