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Sunday, May 10, 2026

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SC · H5006In committee

Taxes

Where it is in the process
Plain-English Summary

Amend The South Carolina Code Of Laws So As To Enact The "state Of South Carolina Small Business Tax Cut Of 2026"; By Amending Section 12-37-220, Relating To Property Tax Exemptions, So As To Exempt The First Ten Thousand Dollars Of Net Depreciated Value Of Business Personal Property Owned By A Small Business; By Amending Section 12-37-900, Relating To Property Tax Returns, So As To Provide That A Taxpayer Is Not Required To Return Business Personal Property For Taxation If The Taxpayer Has Less…

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