Legislation Enacted During the 2020 Legislative Session
Below is list of significant changes in tax and regulatory laws (both permanent and temporary) enacted during the 2020 legislative session. 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 in the Bill # column.
Income Taxes, Bank Taxes, Withholding, and Corporate License Fees:
| BILL # | ACT # | SUBJECT |
|---|
3998
| 137
| Low Income Housing Credit - New
|
76 - Sec. 1
| 138
| Energy Efficient Manufactured Homes - Credit Extended
|
76 - Sec. 3
| 138
| Angel Investor Credit - Repeal of Act Extended
|
Property Taxes and Fees in Lieu of Property Taxes:
| BILL # | ACT # | SUBJECT |
|---|
3695
| 126
| Adjustments to Vehicle Valuations and Motorcycles for High Mileage
|
4743
| 132
| Annexation of Portion of Georgetown County to Horry County
|
975
| | Consolidation of Clarendon County School Districts 1 and 3 – Millage
|
Sales and Use Taxes:
| BILL # | ACT # | SUBJECT |
|---|
76 - Sec. 2
| 138ACT # | Certain Energy Efficient Manufactured Homes – Exemption Extended
|
Miscellaneous:
| BILL # | ACT # | SUBCATEGORY | SUBJECT |
|---|
| | Administrative & Procedural
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| | Miscellaneous Taxes
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| | Other (Including Local Taxes)
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*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.
