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Senate Finance Property Tax subcommittee 
S397 – Allows municipalities to assess and collect a business license tax on railroads – carried over 
Summary of the bill as introduced: Allows municipalities to assess and collect a business license tax on railroads. 
 
Senate Finance Natural Resources and Economic Development subcommittee 
S1120 – Limits the SC Housing Tax Credit – favorable report as amended. The amendment requires that not less than half of the 9% tax credit cap be used in rural areas. Additionally, the 9% tax credit program was amended to loosen the criteria for special needs, elderly and workforce housing and allow the development of urban low-income, multifamily housing. 
Summary of the bill as introduced: Limits the SC Housing Tax Credit.