With just minutes to spare, the South Carolina General Assembly passed Speaker David Wilkins’ Jobs Creation Act before the end of the 2005 legislative session on Thursday. This legislation, which provides for job tax credits for small businesses, along with the state income tax reduction for small businesses passed earlier by the legislature, were two […]
Legislative Update: 2005 Legislative Session a Success Read More »
Thank you for your help!!! Small businesses have a good reason to celebrate. Today the S.C. House concurred with a Senate version of a tax-cut bill that will reduce the state income tax over four years on small businesses from 7% to 5 %, the same rate C-corporations now pay. “Small businesses now will
Legislative Update: Small Businesses to Receive Tax Cut Read More »
The following is an 8-page analysis of the recent NCCI filing calling for a 32.9% average increase in Workers Compensation Loss Cost levels for South Carolina. The author of the report is Frank Knapp, Jr., president of The SC Small Business Chamber of Commerce. Mr. Knapp also holds a Masters Degree in experimental social psychology
Report on NCCI Filing for 32.9% Increase in Worker Comp Read More »
The Small Business Chamber supports amending the state’s stringent check cashing laws to exempt small businesses such as convenience stores and groceries that aren’t primarily in the business of cashing payroll checks but do so for the convenience of their customers. The current regulatory requirements on such small businesses are too severe and do not
The Small Business Chamber supports tax fairness for small businesses. Small businesses that sell durable medical equipment reimbursed through Medicare and Medicaid are prohibited by federal and state law from adding sales tax to the purchase yet must pay the sales tax to the state. This simply is unfair. The Small Business Chamber supports phasing
Medical Equipment Sales Tax Exemption Read More »
The following issues are addressed in this edition of our newsletter: Health Care: Forums Held to Promote Solutions to Affordable Health Insurance/Care Contract Lobbyist Added to Pursue Legislative Agenda Georgia Seeks Small Business Chamber Input Entrepreneurship: Effort to Build Entrepreneur Friendly Communities Launched Small Business Chamber Joins FastTracSC Coalition Workers Compensation: Judge
Small Business Bulletin (Healthcare, Entrepreneurship, Worker Comp) 10/3/06 Read More »
Below is a review of The SC Small Business Chamber of Commerce legislative agenda for 2005. The General Assembly completed the first half of a two-year session on June 2. The legislators will return again in January at which time our bills that were not passed this year will start from the point in the
2005 Legislative Agenda Scorecard Read More »
The following issues are addressed in this fourth edition of our newsletter in 2005. LEGISLATIVE & ISSUE UPDATE: Senate Tax Reduction Plan Targets Small Businesses Assessing Economic Impact of State Purchases: Follow the Money Tort Reform Signed by Governor Workers Comp Fraud Addressed by Senate Budget Subcommittee Bill Filed to Reform Universal Service Fund,
Small Business Bulletin 10/3/06 Read More »
Last 5 Weeks of Legislative Year Legislature on Track for Outstanding Small Business Session The Small Business Chamber started out 2005 with what could have easily been described as an “overly ambitious” legislative agenda. But the S.C. General Assembly made small business issues a priority and has delivered some amazing results. In our
Legislative Update Read More »
The following issues are addressed in this third edition of our newsletter in 2005. LEGISLATIVE & ISSUE UPDATE: -Universal Service Fund Wasting Millions But Telephone Customers Still Paying -Ways & Means Adopts Half of Workers Comp Reform Request -Bi-Partisan Senate Bill Targets Small Business Income Tax Reduction -Tort Reform Passes House and Progresses in
Small Business Bulletin 10/3/06 Read More »
