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LEGISLATIVE PRIORITIES - STATUS

Fri, February 07, 2020 2:22 PM | Mary Speed Lynch (Administrator)

HBA of SC is working hard for you!

HBA OF SC LEGISLATIVE PRIORITIES – STATUS AS OF 2-7-2020

As we begin the 2nd year of the 2019-2020 legislative session we continue to monitor hundreds of bills and fight to protect the home building industry. While we are working to pass a number of bills, these are our top priorities:

              

Business License Reform

The HBASC and our trade association partners have worked for years to improve the business license environment in South Carolina. Our members have expressed significant concerns with the current system, and approved this issue as the HBASC's number one priority last session. Rep. Jay Jordan from Florence introduced H.4431 that includes many changes to the current business license tax system that provides more than $300 million annually to county and local municipalities. This bill would help provide responsible reform to a fee that continues to grow an average of almost 5% yearly and silently cost every S.C household more than $500 a year. Included in the proposed reforms is a portal run through the S.C.'s Secretary of States office, standardized forms, and changing from gross revenue to net.

The Business License Ad Hoc Subcommittee has a meeting scheduled this coming week to take up this bill.

Roll Back Taxes

Currently land classified for agriculture use is taxed at a lower level than commercial and residential land but when this land is converted to residential or commercial usage the new owner is forced to pay roll-back taxes. The newly acquired or reclassified property is then taxed based upon the full value previously determined by the county, and five years of "roll-back" taxes are due. Rep. Steven Long (RSpartanburg) introduced legislation that would limit the roll-back tax penalty to one year instead of the last five years when converting agriculture property to residential or commercial use.

The bill is on the Senate floor where it is waiting to be taken up once the Senate finishes discussing Education.

S.C. Building Codes Reform

The HBASC has worked with a number of groups to create the South Carolina Building Codes bill. This state specific code would allow for a more efficient and effective code adoption process. The new code would be tailored to the safety and affordability of homeowners in South Carolina. A S.C. Building Codes would save homeowners thousands of dollars from unnecessary and frequent changes and allow for improved efficiency for builders, tradesmen, code officials and inspectors. The S.C. Building Codes bill would allow S.C. to join a national movement to a six year code adoption cycle from the current three year cycle.



864. 583. 5471  -  info@hbaspartanburg.com

341 East Kennedy Street  -  Spartanburg, SC 29302

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