S0396Introduced in the Senate
License Fee on Corporations
Introduced by Thomas Alexander, District 1
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Referred to Committee on Finance
February 26, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
Introduced and read first time
Referred to Committee on Finance
Verify the information
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