All Roll Calls
Yes: 252 • No: 0
South CarolinaH 5006126th General Assembly (2025-2026)HouseWALLET
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "STATE OF SOUTH CAROLINA SMALL BUSINESS TAX CUT OF 2026"; BY AMENDING SECTION 12-37-220, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT THE FIRST TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY OWNED BY A SMALL BUSINESS; BY AMENDING SECTION 12-37-900, RELATING TO PROPERTY TAX RETURNS, SO AS TO PROVIDE THAT A TAXPAYER IS NOT REQUIRED TO RETURN BUSINESS PERSONAL PROPERTY FOR TAXATION IF THE TAXPAYER HAS LESS THAN TEN THOUSAND DOLLARS OF NET DEPRECIATED VALUE OF BUSINESS PERSONAL PROPERTY; BY ADDING SECTION 12-37-980 SO AS TO REQUIRE THAT ALL BUSINESS PERSONAL PROPERTY REQUIRED TO BE RETURNED FOR TAXATION TO BE RETURNED TO THE DEPARTMENT OF REVENUE; BY AMENDING SECTION 12-20-50, RELATING TO THE LICENSE TAX ON CORPORATIONS, SO AS TO PROVIDE THAT, UNDER CERTAIN CIRCUMSTANCES, 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 OF A CORPORATE OFFICER, SO AS TO PROVIDE AN EXCEPTION TO REFRAINING FROM COMPETING.
Sponsored By: Brandon Newton (Republican)
Failed
Summary
Taxes
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Brandon Newton
Republican • House
Cosponsors
Carl L. Anderson
Democrat • House
William H. Bailey
Republican • House
Nathan Ballentine
Republican • House
Justin T. Bamberg
Democrat • House
Bruce W. Bannister
Republican • House
Phillip Bowers
Republican • House
Jeff Bradley
Republican • House
Gary S. Brewer, Jr.
Republican • House
T. Case Brittain, Jr.
Republican • House
Cody T. Mitchell
Republican • House
Paula Rawl Calhoon
Republican • House
Micajah P. "Micah" Caskey IV
Republican • House
Donald G. "Don" Chapman
Republican • House
Brandon L. Cox
Republican • House
April Cromer
Republican • House
Sylleste H. Davis
Republican • House
Adam L. Duncan
Republican • House
Shannon S. Erickson
Republican • House
Greg Ford
Republican • House
Cally R. "Cal" Forrest, Jr.
Republican • House
G. Murrell Smith, Jr.
Republican • House
Gil Gatch
Republican • House
Thomas Lee Gilreath
Republican • House
Thomas Duval "Val" Guest, Jr.
Republican • House
Brandon Guffey
Republican • House
Patrick B. Haddon
Republican • House
Kevin Hardee
Republican • House
Charles V. Hartz
Republican • House
Lee Hewitt
Republican • House
David R. Hiott
Republican • House
William M. "Bill" Hixon
Republican • House
Harriet A. Holman
Republican • House
Jermaine L. Johnson, Sr.
Democrat • House
Wallace H. "Jay" Jordan, Jr.
Republican • House
John Richard C. King
Democrat • House
Kathy Landing
Republican • House
M. Brian Lawson
Republican • House
Thomas R. "Randy" Ligon
Republican • House
Steven Wayne Long
Republican • House
Phillip D. Lowe
Republican • House
Marvin "Mark" Smith
Republican • House
David Martin
Republican • House
Annie E. McDaniel
Democrat • House
Dennis C. Moss
Republican • House
Mike M. Neese
Republican • House
Melissa Lackey Oremus
Republican • House
Fawn M. Pedalino
Republican • House
Thomas E. "Tommy" Pope
Republican • House
Luke S. Rankin
Republican • House
Robby Robbins
Republican • House
Richard Blake Sanders
Republican • House
Carla M. Schuessler
Republican • House
Heath Sessions
Republican • House
Leonidas E. "Leon" Stavrinakis
Democrat • House
Travis A. Moore
Republican • House
Bill Taylor
Republican • House
David Vaughan
Republican • House
Wm. Weston J. Newton
Republican • House
J. David Weeks
Democrat • House
Paul B. Wickensimer
Republican • House
Mark N. Willis
Republican • House
Chris Wooten
Republican • House
Richard L. "Richie" Yow
Republican • House
Roll Call Votes
Senate vote • 5/7/2026
(Taxes)3rd Reading
Yes: 46 • No: 0
House vote • 2/11/2026
(Taxes)Passage of Bill
Yes: 103 • No: 0
House vote • 2/11/2026
(Taxes)Passage of Bill
Yes: 103 • No: 0
Actions Timeline
Recommitted to Committee on Ways and Means
5/14/2026HouseDebate adjourned
5/13/2026HouseDebate adjourned
5/12/2026HouseRoll call Ayes-46 Nays-0
5/7/2026SenateRead third time and returned to House with amendments
5/7/2026SenateAmended
5/7/2026SenateScrivener's error corrected
5/7/2026legislatureRead second time
5/6/2026SenateAmended
5/6/2026SenateCommittee report: Favorable Finance
4/29/2026SenateReferred to Committee on Finance
2/12/2026SenateIntroduced and read first time
2/12/2026SenateRead third time and sent to Senate
2/12/2026HouseRoll call Yeas-103 Nays-0
2/11/2026HouseRead second time
2/11/2026HouseAmended
2/11/2026HouseMember(s) request name added as sponsor: King, McDaniel, J.L.Johnson, Cromer, Gilreath, Anderson
2/11/2026HouseMember(s) request name added as sponsor: Bamberg
2/10/2026HouseScrivener's error corrected
2/4/2026legislatureRequests for debate-Rep
2/4/2026HouseCommittee report: Favorable with amendment Ways and Means
2/3/2026HouseMember(s) request name added as sponsor: Landing, Moss, Bradley, Lawson, Rankin, Guest, Brittain, Lowe, T.Moore, Ballentine, Robbins, Martin, Caskey, Pedalino, Calhoon, Davis, W.Newton, C.Mitchell, Holman, Hardee, Taylor, Yow, Jordan, Haddon, Wickensimer
2/3/2026HouseMember(s) request name added as sponsor: Brewer, Weeks
1/29/2026HouseMember(s) request name added as sponsor: Bowers, Sessions, Bannister, Bailey
1/28/2026HouseMember(s) request name added as sponsor: G.M.Smith
1/27/2026House
Bill Text
Introduced
Related Bills
S 0623, AN ACT TO EXEMPT GEORGETOWN COUNTY FROM CERTAIN BUILDING REQUIREMENTS AND TO ALLOW THE COUNTY TO INSTEAD ENFORCE AE STANDARDS IN GEORGETOWN COUNTY'S FLOOD DAMAGE PREVENTION ORDINANCE.
Georgetown County Building Requirements
H 5653, AN ACT TO AMEND ACT 843 OF 1952, AS AMENDED, RELATING TO THE LEE COUNTY BOARD OF EDUCATION, SO AS TO CLARIFY THE METHOD BY WHICH PERSONS FILE TO BECOME A CANDIDATE FOR ELECTION TO THE BOARD, THE MANNER IN WHICH BOARD ELECTIONS ARE CONDUCTED, AND THE MANNER IN WHICH VACANCIES ON THE BOARD ARE FILLED; AND TO PROVIDE FOR THE ANNUAL COMPENSATION OF MEMBERS OF THE BOARD.
Lee County School District Board of Trustees
S 1062, A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE STATE COMMISSION ON HIGHER EDUCATION, RELATING TO DETERMINATION OF RATES OF TUITION AND FEES, DESIGNATED AS REGULATION DOCUMENT NUMBER 5443, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE SOUTH CAROLINA CODE OF LAWS.
JR to Approve Reg. Doc. No. 5443
H 5127, A JOINT RESOLUTION TO APPROPRIATE MONIES FROM THE CAPITAL RESERVE FUND FOR FISCAL YEAR 2025-2026, AND TO ALLOW UNEXPENDED FUNDS APPROPRIATED TO BE CARRIED FORWARD TO SUCCEEDING FISCAL YEARS AND EXPENDED FOR THE SAME PURPOSES.
Capital Reserve Fund appropriation
S 1162, AN ACT TO AMEND ACT 509 OF 1982, AS AMENDED, RELATING TO THE ELECTION OF TRUSTEES OF ANDERSON COUNTY SCHOOL DISTRICT 2, SO AS TO PROVIDE THAT SIX MEMBERS OF THE SEVEN-MEMBER GOVERNING BODY MUST BE ELECTED FROM SINGLE-MEMBER DISTRICTS.
Anderson County School District No. 2
S 0769, A JOINT RESOLUTION TO PROVIDE FOR THE CONTINUING AUTHORITY TO PAY THE EXPENSES OF STATE GOVERNMENT IF THE 2026-2027 FISCAL YEAR BEGINS WITHOUT A GENERAL APPROPRIATIONS ACT FOR FISCAL YEAR 2026-2027 HAVING BEEN ENACTED, AND TO PROVIDE EXCEPTIONS.
Continuing Resolution