The Gas Tax Bill – A Guide for the Perplexed

● The Senate’s bill raises gas tax by 12 cents per gallon ● Includes large increases in array of fees ● Calls tax a ‘fee,’ allowing Infrastructure Bank to create more debt ● Includes convoluted tax ‘off-sets’ ● Includes no reform of DOT After much debate and maneuvering, the Senate finally passed its version of a […]

UPDATE: House Passes Gas Tax Increase

MODEST REFORM MEASURE INTRODUCED, BUT PREMISE STAYS THE SAME On Tuesday the House considered the gas tax hike bill (H.3516). House leadership proposed an amendment that would divert 20 percent of the vehicle registration and license fees to the Education Improvement Act fund (protecting the current education funding structure). The amendment also gave the governor […]

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South Carolina roads legislature

House Leaders’ Gas Tax Bill

LAWMAKERS’ ANSWER TO THE ROADS PROBLEM IS STILL THE SAME: YOU HAVEN’T SENT ENOUGH MONEY TO COLUMBIA [The text of this analysis has been updated to reflect the bill’s most recent version. Updates on the bill’s history mentioned at the bottom.] House leaders filed H.3516, a bill allegedly designed to repair South Carolina’s deteriorating road system. […]

H.3468 – Allowing the transfer of textile mill tax credits

H.3468 would allow an individual, partnership, limited liability company, trust, or estate to transfer an unclaimed textile mill site rehabilitation tax credit to another recipient, provided the Department of Revenue approves of the transfer. South Carolina’s tax code is riddled with tax breaks and credits to select industries and special interests and currently exempts more […]

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S. 54 – Senate Gas Tax

S. 54 increases the existing 16 cent per gallon gas by 4 cents every year from 2017 through 2019, nearly doubling the current gasoline tax. The bill would also allow the Department of Revenue to increase the tax with an inflation. This additional increase would be capped at 2 cents per year and may only […]

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S. 214 – Internet Sales Tax

S. 214 is an attempt to collect more money in sales tax revenue from out of state Internet focused retailers, and would require them to remit sales tax to the Department of Revenue as though they were brick and mortar locations in South Carolina.   The usefulness of this legislation is suspect, as the Revenue and […]

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H.3516 – 10-cent Gas Tax Increase

H.3516 would increase the gas tax by ten cents (a yearly two-cent increase over the next five years). It would also increase vehicle registration fees from $24 to $40 and add a new infrastructure maintenance fee for first-time vehicle registrations in South Carolina. The bill would also add a biennial road use fee for electric […]

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H.3311 – New Workforce Programs, Grant Fund, Tax Credit

H.3311 would create a Pathways Initiative to target workforce development and increase employment. One of the programs included in this initiative would invest in school-to-workforce development with a focus on industries with a critical workforce shortage. Another program would invest in workforce development, technical education, and job placement for adults. This bill would also create […]

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H.3075 – Tax Credit for Employers Who Allow Employees to Attend Their Children’s Educational Events

H.3075 would require state employers to allow their employees eight hours a year to attend their children’s non-sporting educational events. This bill also creates an income tax credit for private-sector employers with at least fifty employees to provide the same benefit for their employees. The credit would equal fifty percent of base pay of the […]

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H.3095 – Sales Tax Exemption for Portable Toilet Rentals

H.3095 would increase the sales tax exemption for the rental or lease of portable toilets from seventy percent of gross proceeds to one hundred percent, and would include proceeds from portable toilet service and maintenance incident to the lease. South Carolina’s tax code is riddled with tax breaks to select industries and special interests and […]

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