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: Thomas C. Alexander (Republican)
In Committee
Summary
License Fee on Corporations
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Thomas C. Alexander
Republican • Senate
Cosponsors
Jason Elliott
Republican • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to Committee on Finance
2/26/2025SenateIntroduced and read first time
2/26/2025Senate
Bill Text
Introduced
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