What Happened: Weekly Legislative Review- February 22nd to February 26th

What Happened: Weekly Legislative Review- February 22^nd to February 26^th

Highlights:

·         The Senate Education Committee carried over a bill Wednesday that would require universities to maintain online check registers. It was noted by members of the committee that with a little more time they thought they could reach a consensus on the bill and give it a favorable report. A similar bill was introduced in the House on Wednesday.

·         At the Wednesday budget deliberations by the Ways and Means Committee, members gave approval to a proviso (#54) that would impose a 30 cent surtax on a pack of cigarettes

·         The Ways and Means Committee approved a draft budget Thursday afternoon.   

Good Bill of the Week:

·         S. 1229 – The Economic Incentive Transparency Act

o   Introduced by Senators Davis, Mulvaney, Shoopman, Campsen, Bryant, Rose, Verdin and Bright to provide that targeted tax incentive legislation must be introduced as separate legislation from other incentives or business subsidies, and must have a recorded vote on second and third reading.

House        

Legislation on the Floor

·         H. 4475 – Secretary of State appointed by the Governor

o   Status: Received a second reading

·         H. 4585 – Extending TRAC purview to all Constitutional and statutory ad valorem taxes

o   Status: Passed the House, sent to the Senate

·         H. 4514 – Relating to the Fee in lieu of Tax Simplification Act and “S” corporations

o   Status: Passed the House, sent to the Senate

·         H. 4343 – Air Service Incentive and Development Fund within the SC Aeronautics Commission

o   Status: Passed the House, sent to the Senate

·         H. 4200 – Revises the definition of an “extraordinary retail establishment” in order to attract a particular business – “Bass Pro Shop” – to the Upstate

o   Status: Debate on the bill was adjourned

·         H. 3192 – Establishing the SC Sunset Commission

o   Status: Passed the House, sent to the Senate

Senate

Legislation on the Floor

·         H. 3442 – Employment Security Commission

o   Status: Passed the Senate, returned to House with amendments

·         S. 1054 – Authorizing tax incentives and credits for the Okatie Crossing retail shopping mall in Jasper County

o   Status: Set for special order by a vote of 28-13

·         S. 391 – Creating the Workforce Department Appellate Panel

o   Status: Amended, passed the Senate