South CarolinaH 3773126th General Assembly (2025-2026)House

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

  1. Member(s) request name added as sponsor: Robbins

    1/28/2025House
  2. Referred to Committee on Ways and Means

    1/16/2025House
  3. Introduced and read first time

    1/16/2025House

Bill Text

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