South Carolina should remove its cap on title insurance commission

South Carolina unnecessarily regulates the relationship between title insurance agencies and their underwriters. A recently filed state House bill would embrace the free-market system and allow the two parties to negotiate commission payments on their own terms. Title insurance is a way to protect yourself from financial loss and related legal expenses in the event …

Issue update: How South Carolina can tackle ESG

The ESG movement threatens to impact taxpayers across the nation. How should SC respond? What is ESG? Across the country, powerful financial institutions are making investments and offering services based on environmental, social and governance (ESG) factors in place of traditional investment criteria, and it’s a trend that could have a major impact on South …

Full expensing: an easy tax win for South Carolina

Full expensing is a tax policy that will put South Carolina at the front of the line for new capital investments as American businesses reshore their supply chains. Full expensing creates better economic growth, higher wages, and a better standard of living for South Carolinians. Pro-growth tax treatment of new investments will bolster South Carolina’s position as the …

Two bills would reduce unfairness in SC’s civil liability system

A pair of House and Senate bills filed in February would move South Carolina’s civil liability laws in the right direction and a foster a legal environment that is fairer to businesses and more conducive to economic growth. The bills (S.533 and H.3933) would require juries or judges to consider nonparties in addition to defendants …

Statehouse Update Feb 28-Mar 2

Update 3/3/23: Several adjustments were made to this summary to reflect developments that occurred this week. Important bills related to school choice, healthcare access and regulation are on the move this week, all of which are key issues on our 2023-24 legislative agenda. Education Regulation Medical freedom Government transparency  As of Tuesday morning, less than …

Why SC should pass both school choice proposals

Update 3/16/23: After adopting the Finance Committee’s amendment and adding several other amendments on the floor, the full Senate passed S.285 by a vote of 28-9. One new amendment sets a family income limit of 400% of the federal poverty guidelines on the bill’s “general child” category. Accordingly, some of the details in this summary …

South Carolina statehouse grounds

Statehouse Update Feb 21-23

Update 2/23/23: Several adjustments were made to this summary to reflect developments that occurred this week. It’s a busy week at the Statehouse as lawmakers are considering a number of bills dealing with education, healthcare and regulatory matters, both at the committee level and on the House and Senate floor.  Education Regulation Medical freedom Government …