Summary of the bill as introduced: Provides that the homestead exemption does not apply to certain millage imposed for servicing the general obligation debt of a school district.

Summary of the bill as introduced: Prohibits earmarked funds in the state budget designated for certain projects or entities outside of the core budgetary process.

Summary of the bill as introduced: Creates a property tax exemption for a nonprofit housing corporation for a percentage that equals the corporation’s ownership interest in the property. 

Summary of the bill as introduced: Exempts the property tax on boats by 50%. 

Summary of the bill as introduced: Exempts gross income from certain retirement benefits received from the SC Police Officers Retirement System. 

Summary of the bill as introduced: Reduces the income tax rates for a flat 3.99% and sets standards for further reductions in the tax.

Summary of the bill as introduced: Establishes the South Carolina Gaming Commission that may award casino licenses in counties along Interstate 95.

Summary of the bill as introduced: Excludes wages earned by a law enforcement officer while performing duties of a law enforcement officer from the calculation of SC gross income.

Summary of the bill as introduced: Allows a tax credit for a taxpayer that invests in a community development corporation or in a community financial institution. 

Summary of the bill as introduced: Authorizes the extension of the High Growth Small Business Job Creation Act until December 31, 2035.