Legislation Enacted During the 2019 Legislative Session
Below is list of significant changes in tax and regulatory laws (both permanent and temporary) enacted during the 2019 legislative session. Temporary provisos are enacted in the State budget and are only effective for the State fiscal year (July 1 – June 30); unless re-enacted they expire on June 30, 2020. This list is divided by subject matter with bills listed in numeric order. To view the full text of a bill, click on the bill or section number highlighted in the column “bill #” below.
Income Taxes, Bank Taxes, Withholding, and Corporate License Fees:
| BILL # | ACT # | SUBJECT |
|---|
314
| 45
| New Clinical Rotations Income Tax Credit and Deduction
|
329
| 47
| Geothermal Machinery and Equipment Income Tax Credit – Extended
|
408
| 49
| Sourcing of Receipts of Cable System, Video Service, and Direct Broadcast Satellite Service
|
439, Sec. 1
| 37
| Port Volume Cargo Credit – Cumulative Credit Amount Increased
|
439, Sec. 2
| 37
| New Port Transportation Credit
|
440, Sec. 1
| 40
| Textile Credit – Definitions Amended
|
440, Sec. 2-3
| 40
| Abandoned Buildings Credit – Carryforwards and Placed in Service Date
|
3595
| 15
| Industry Partnership Fund Amended |
3985
| 16
| Income Tax Conformity
|
3986
| 88
| ABLE Savings Program – Renamed
|
4000, Proviso 1A.9
| 91
| Teaching Supplies and Materials – Reimbursement Amount Not Taxable or Refundable Income Tax Credit
|
4000, Proviso 1A.10
| 91
| Teacher of the Year Awards – Not Subject to South Carolina Income Tax
|
4000, Proviso 73.6
| 91
| Energy Efficient Manufactured Homes Incentive Program – Extended
|
4000, Proviso 118.10
| 91
| Consumer Protection Services – Individual Income Tax Deduction
|
4000, Proviso 118.15
| 91
| $50 Refund
|
4133, Sec. 1-3
| 77
| Community Development Credit – Changes
|
4133, Sec. 4
| 77
| New Solar Energy Tax Credit
|
4243, Sec. 1, 5, 9.A
| 83
| Job Tax Credit – Professional Sports Team
|
4243, Sec. 8
| 83
| Job Tax Credit – Increase in Amount of Credit for Tier III and IV Counties
|
4243, Sec. 10
| 83
| Job Development Credit – Professional Sports Team
|
Property Taxes and Fees in Lieu of Property Taxes:
| BILL # | ACT # | SUBJECT |
|---|
440, Sec. 1
| 40
| Textile Credit – Definitions Amended
|
440, Sec. 2-3
| 40
| Abandoned Buildings Credit – Carryforwards and Placed in Service Date
|
3630
| 96
| Delay of Property Tax Penalty Schedule for Certain Taxpayers Affected by the Federal Government Shutdown
|
3916
| 69
| Penalties for Violation of Motor Vehicle Taxation and Registration Provision
|
4000, Proviso 1.47
| 91
| Index of Taxpaying Ability – Imputed Value for Owner-Occupied Residential Property
|
4000, Proviso 109.12
| 91
| Notification of Protest to Affected Counties and School Districts
|
4000, Proviso 113.8
| 91
| Agricultural Use Exemption for Timberland – Impact of Additional County Requirements
|
4000, Proviso 117.37
| 91
| Personal Property Tax Relief Fund
|
4000, Proviso 117.121
| 91
| Retail Facilities Revitalization Act – Repeal of Act Suspended
|
4000, Proviso 117.128
| 91
| Improvements to Property Damaged by Catastrophic Weather Event
|
Miscellaneous:
| BILL # | ACT # | SUBCATEGORY | SUBJECT |
|---|
| | Administrative & Procedural
| |
160*
| 13
|
| New Statewide Lien Filing System
|
323
| 46
|
| Information Submitted by the Department to a Financial Institution Regarding a Debtor Named on a Warrant for Distraint
|
4000, Provisos 41.2 and 117.85
| 91
|
| 3% Reduction on Interest Rate on Tax Refunds
|
4000, Proviso 109.6
| 91
| | Voluntary Website Posting of Tax Return Information for Candidates and Gubernatorial Appointees
|
4243, Sec. 6-7
| 83
|
| Tax Expenditure Report by Revenue and Fiscal Affairs
|
| | Miscellaneous Taxes
| |
310
| 35
|
| Cigarette Stamp Tax – Certain Unstamped Cigarettes Considered Contraband Goods
|
3849
| 97
| | Cigarette Stamp Tax – Grace Period for Unstamped, Tax-Paid Cigarettes
|
4000, Proviso 109.15
| 91
| | Cigarette Stamp Tax – Grace Period for Unstamped, Tax-Paid Cigarettes - Report Filing Deadline Extended
|
4000, Proviso 1.14
| 91
| | Local Government School Buses – Motor Fuel User Fee Exemption
|
4000, Proviso 33.10
| 19
| | Nursing Home Bed Franchise Fee – Suspension
|
4000, Proviso 118.7
| 91
| | Admissions Tax Rebate – Motorsports, Tennis, and Soccer Facilities
|
| | Other (Including Local Taxes)
| |
3205
| 57
| | Catawba Indian Tribe – Not Subject to Fee in Lieu of School Taxes
|
*Information concerning S. 160:
After the passage of S. 160, the SCDOR is charged with implementing a statewide lien registry. The SCDOR is working on the system and expects its implementation by the end of the year. As noted in the legislation, the SCDOR will notify clerks of court and registers of deeds once the system is ready. Until the new lien registry is available, counties should still update and maintain their current lien registries.
Please note: The lien registry currently available on MyDORWAY is not the lien registry called for in S. 160.