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H5088 - Developmental impact fees

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5088
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Blake Sanders
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Includes road resurfacing in the definition of public facilities for purposes of developmental impact fees. 

S891 - Local financing agreements

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
891
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Thomas D. "Tom" Corbin
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Carried over
Staff Summary

Summary of the bill as introduced: Expands the definition of financing agreements.

Senate Subcommittee Action

03.11.2026 The Senate Finance Constitutional subcommittee carried this bill over.

S890 - Small business property tax relief

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
890
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Carlisle Kennedy
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Creates a $10,000 property tax credit for small businesses. 

H4581 - Transactional fees charged by hotels

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4581
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Paula Rawl Calhoon
Category
Finance, Revenue, Taxes
Committee
House Labor, Commerce and Industry Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Prohibits certain hotels from charging a transactional fee when guests pay with cash or check.

H4580 - Property tax exemptions for homeowners 70 years old and older

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4580
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Joe Bustos
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Allows property tax exemptions on the primary residence of individuals 70 years old or older.

H5016 - Property tax exemptions for homeowners 70 years old and older

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5016
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Donald G. "Don" Chapman
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Establishes a tiered property tax exemption for homeowners 70 years old or older who have paid property taxes on an owner-occupied home in the state for at least five years.

S866 - Enacts the Municipal Tax Relief Act

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
866
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Jason Elliott
Sen. Ross Turner
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Authorizes certain municipalities to impose up to a 1% sales tax to provide property tax relief to owner-occupied homes.

Senate Subcommittee Action

03.10.2026 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.

Senate Committee Action

03.17.2026 The Senate Finance Committee gave this bill a favorable report.

S853 - Abandoned buildings tax credit clarification

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
853
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Thomas C. "Tom" Davis
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Clarifies that the existence of an incoming-producing use prior to the period of abandonment is not a requirement for eligibility. 

House Subcommittee Action

03.25.2026 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.

Senate Subcommittee Action

02.10.2026 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.

Senate Committee Action

02.17.2026 The Senate Finance Committee gave this bill a favorable report.

H5011 - Enacts the Tenant Protection Act of 2026

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5011
Session
2025 - 2026
Chamber
House
Sponsor
Rep. William G. "Bill" Herbkersman
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Provides a property tax exemption limiting the increase in property tax value following an assessable transfer of interest.

H5006 - State of South Carolina Small Business Tax Cut of 2026

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5006
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Brandon Michael Newton
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Exempts the first $10,000 of net depreciated value of business personal property owned by a small business.

House Subcommittee Action

01.29.2026 The House Ways and Means Economic Development subcommittee gave this bill a favorable report.

House Committee Action

02.03.2026 The House Ways and Means Committee gave this bill a favorable report as amended. The amendment corrects language in the bill related to residency.