Recent News
The General Assembly focused primarily on two issues this week. The House spent most of the week debating a bill regarding the emergency powers of the Governor, while the Senate debated a bond bill involving the Charleston Port. Several bills of interest moved through committees as well as on the House and Senate floors that will be discussed.
Revenue, Finance, and Economic Development
Budget Provisos
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The SC Revenue and Fiscal Affairs Office (RFA) has released the Consumer Price Index (CPI) that will be used to calculate the FY2021-22 millage rate limitations. See RFA’s memo. The CPI increase from calendar year 2019 to 2020 was 1.23 percent. Each county’s millage rate limitation for FY2021-22 will be based upon 1.23 percent plus any increase in population. The US Census Bureau plans to release July 1, 2020 county population estimates on May 4, 2021. This means counties... Read more
The General Assembly heard testimony on various bills dealing with COVID-19 vaccinations and reopening schools to five-day in-class instruction, but took no action on the bills. They are likely to be taken up again next week. The Senate spent most of the week debating a bond bill dealing with the Port of Charleston, while the House debated an abortion bill that was signed into law by the Governor on Thursday. The General Assembly did take action on several bills of interest that will be discussed.
Revenue, Finance, and Economic Development
COVID-19 Liability Safe... Read more
The January General Fund Revenue Digest and January General Fund Revenue Monitor from the S.C. Revenue and
Daina Riley testifies virtually before a House Medical, Military,
Public and Municipal Affairs subcommittee.
The General Assembly focused their legislative actions this week on improving the administration and distribution of COVID-19 vaccinations. There were also efforts to include school teachers, other school staff, and daycare workers in the first phase of the vaccination in an attempt to return... Read more