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Voices. Knowledge. Solutions.

H5003 - Tourism development fee revenue uses

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5003
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: Allows a municipality to use up to 50% of the revenues from the Local Option Tourism Development Fee to provide a credit against property tax liability.

H4926 - Amends the state constitution to exempt business personal property taxes

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4926
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Jordan S. Pace
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Amends the state constitution to exempt business personal property from property taxes.

H4925 - Sales tax exemption for data centers

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4925
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Bruce W. Bannister
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Extends the sales tax exemption for data centers to certain related persons of the taxpayer.

S815 - Allows the General Assembly to determine property assessment ratios

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
815
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Sean M. Bennett
Sen. Daniel B. "Danny" Verdin III
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Amends the state constitution to allow the General Assembly to determine by law the classifications and assessment ratios of property taxes. 

H4926 - Exempts business personal property from property taxes

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4926
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Jordan S. Pace
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Proposes an amendment to the state constitution that exempts business personal property from property taxes.

H4578 - Homestead exemption applicability

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
4578
Session
2025 - 2026
Chamber
House
Sponsor
Rep. James Mikell "Mike" Burns
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Introduced
Staff Summary

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.

S769 - Continuing budget resolution for Fiscal Year 2026-2027

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
769
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Harvey S. Peeler Jr.
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Provides for the continuing authority to pay the expenses of state government if the 2026-2027 fiscal year begins without a general appropriations bill.

Senate Subcommittee Action

01.14.2026 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.

Senate Committee Action

01.20.2026 The Senate Finance Committee gave this bill a favorable report.

S768 - Increase in homestead exemption amount

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
768
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Harvey S. Peeler Jr.
Sen. Thomas C. Alexander
Sen. Josh Kimbrell
Sen. Daniel B. "Danny" Verdin III
Sen. A. Shane Massey
Sen. Greg Hembree
Sen. Ross Turner
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Increases the homestead property tax exemption to $100,000, and reduces the age of eligibility to 60 years old.

Senate Subcommittee Action

01.13.2026 The Senate Finance Property Tax subcommittee gave this bill a favorable report.

Senate Committee Action

01.20.2026 The Senate Finance Committee gave this bill a favorable report as amended. The amendment increases the age to 65 years old, increases the amount of the exemption to $150,000 and includes a residency requirement of 5 years. 

S733 - Prohibits using public funds to host drag story hours

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
733
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Carlisle Kennedy
Category
Finance, Revenue, Taxes
Committee
Senate Judiciary Committee
Status
Introduced
Staff Summary

Summary of the bill as introduced: Prohibit political subdivisions from using public funds to host or provide drag story hours or other drag shows for minors under 18 years old.

S690 - Setoff debt collection

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
690
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Shane R. Martin
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Carried over
Staff Summary

Summary of the bill as introduced: Includes certain costs collected by the SC Department of Probation, Parole and Pardon Services in the definition of "delinquent debt."

Senate Subcommittee Action

02.10.2026 The Senate Finance Sales and Income Tax subcommittee carried this bill over.