View mobile site
Follow us on
Tuesday, May 21, 2013 | 5:19 a.m.
Hi, (not you?) | Member Center | Sign Out
Sign In | Register
Posted: 4:46 p.m. Wednesday, April 25, 2012
COLUMBIA, S.C. —
The South Carolina House is debating a bill that eliminates two dozen sales tax exemptions worth less than $13 million.
The House expects to debate the bill Wednesday. The bill initially eliminated more than $220 million worth of exemptions when House Republicans introduced it last month.
But legislators re-inserted 18 items during the committee process after they heard from affected businesses.
State budget advisors provided an updated estimate Monday.
The bill has a tax-neutral provision, requiring any increased revenue to be offset by lowering the state sales tax.
The committee amendments mean the state's current 6 percent sales tax would be reduced by a small fraction to 5.98 percent.
The House voted Wednesday to send two bills that cut personal and small business income taxes to the Senate.
5 Day Forecast
Early Warning Doppler 9
Local Radar Loop
Regional Radar Loop
© 2013 Cox Media Group. By using this website,
Already have an account? Sign In
We have sent you a confirmation email. Please check your email and click on the link to activate your account.
We look forward to seeing you frequently. Visit us and sign in to update your profile, receive the latest news and keep up to date with mobile alerts.
Don't worry, it happens. We'll send you a link to create a new password.
We have sent you an email with a link to change your password.
We've sent an email with instructions to create a new password. Your existing password has not been changed.
To sign in you must verify your email address. Fill out the form below and we'll send you an email to verify.
Check your email for a link to verify your email address.