A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-20-50, RELATING TO THE IMPOSITION OF LICENSE TAXES ON CORPORATIONS, SO AS TO PROVIDE THAT THE FEE DOES NOT APPLY TO ANY PORTION OF THE FIRST FIFTY MILLION DOLLARS OF CERTAIN CAPITAL STOCK AND PAID-IN OR CAPITAL SURPLUS; AND BY AMENDING SECTION 33-44-409, RELATING TO STANDARDS OF CONDUCT, SO AS TO PROVIDE AN EXCEPTION TO REFRAINING FROM COMPETING.
Sponsored By: Brandon Newton (Republican)
In Committee
Summary
License Fee on Corporations
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Brandon Newton
Republican • House
Cosponsors
Robby Robbins
Republican • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Member(s) request name added as sponsor: Robbins
1/28/2025HouseReferred to Committee on Ways and Means
1/16/2025HouseIntroduced and read first time
1/16/2025House
Bill Text
Introduced
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