Bill > H4589

This bill amends South Carolina law to expand the conditions under which a county can impose an Education Capital Improvements Sales and Use Tax (a special local tax for school infrastructure and improvements). Specifically, the bill allows counties that do not currently meet the standard tax collection requirements to impose this tax if they meet several specific criteria: the county must be entirely encompassed by a single school district, have collected less than $50,000 in state accommodations taxes in the most recent fiscal year, and have only imposed a local option sales tax for less than ten years. Once a county qualifies under these new provisions, it remains eligible to continue imposing the education capital improvements tax in the future. The purpose appears to be providing smaller or more rural counties with additional flexibility to fund educational infrastructure projects through a dedicated sales tax mechanism. The bill would take effect immediately upon receiving the Governor's approval.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=4589&session=126&summary=B