The S.C. State Ethics Commission will be open until 6:00 p.m. on Tuesdays and Thursdays until the end of March to assist those who have questions regarding the Statement of Economic Interests. You can reach the Ethics Commission via (803) 253-4192.Read more
S. 7 raises the existing caps on damages found in the Tort Claims Act from $300,000 to $1 million per individual, from $600,000 to $2 million per occurrence, and indexes both increases to the Consumer Price Index (CPI). If this bill were to pass, it would codify a 333 percent increase in the existing caps. The current fiscal impact... Read more
The South Carolina Department of Commerce has established The Opportunity Zone Grant Fund under which South Carolina governmental entities (counties and/or municipalities) may request funding to offset the costs of obtaining an outside vendor to assist in the structuring of a competitive Opportunity Zone Prospectus. The program also allows the third party vendor to assist the governmental entity in determining the best project to pursue.
Should any South Carolina governmental entity have an interest in applying for funding assistance, they must complete the ... Read more
The S.C. Revenue and Fiscal Affairs Office (RFA) has issued the inflation component of the millage rate increase limitations for FY 2019-20. Read RFA's memo. Each county's millage rate increase limit will be based on 2.44 percent, plus any increase in population. RFA will publish the millage rate increase limitations once the Census Bureau releases the 2018 county population estimates by late March.Read more
It was a very productive week in the General Assembly as both the Senate and House advanced several bills on their calendars. Action was taken on several bills that reflect SCAC policy positions, which will be discussed below.