Gov. Nikki Haley has signed a bill into law removing the state’s seven percent sales tax from owner-operator aircraft parts referred to as “FAA Part 91.” The change is expected to make South Carolina’s aviation maintenance and repair operations (MROs) more competitive with MROs in tax-exempt states, according to a release from the SC Council on Competitiveness.
Nonprofits building homes for low-income residents will get a sales tax exemption under legislation signed into law by Gov. Nikki Haley last week. The law exempts nonprofits from paying sales tax on materials to build or repair homes for low-income individuals.
The nation is facing a shortage of workers in the future, Graham said. “So when you advertise for an American worker and you can’t find one … you can bring in temporary workers. That’s a win-win for us all,” he said.
New criteria added for Conditional Use Permits passed first reading approval this week by Greenville City Council. A Conditional Use Permit is required by the city when “a business or other use is allowed only upon Planning Staff determining that certain conditions have been met.”
Haley said the possibility of a 1.5 percent decrease in the income tax has been part of recent negotiations with House members working on infrastructure legislation.
Greenville is one of the five stops Rubio will make on his short tour of early presidential primary states. He visited in Iowa last week and Las Vegas yesterday. The final stops will be Florida and New Hampshire.
Poor air quality in the Upstate could prevent new businesses and business expansion in the region if the U.S. Environmental Protection Agency reduces allowable ground-level ozone levels, according to a state Department of Health & Environmental Control official.
Gov. Nikki Haley’s plan to fix the state’s crumbling infrastructure includes a 59.7 percent increase in the gas tax over three years, a marked shift from what she has said to media and in public addresses.
The state needs to diversify its transportation revenue, and one way it might do that is by raising the $300 cap on vehicle sales taxes, according to S.C. Chamber of Commerce President and CEO Ted Pitts.
South Carolina Department of Health and Environmental Control’s director Catherine Templeton announced her resignation to the DHEC board Thursday. Her resignation is effective Jan. 12.
Immigration experts were divided about the potential economic impact for the Upstate from President Barack Obama’s executive order that would protect about 5 million people nationwide from deportation for three years.
Most companies aren’t making drastic changes in order to stay on the right side of the Affordable Care Act (ACA), but the law continues to make employers at mid-size companies with 50-99 full-time employees nervous.
The South Carolina Department of Commerce is reporting the state’s leading index lost 0.11 points, recorded a 4.5 percent increase in residential real-estate activity, and issued 59 fewer residential building permits during June.
State agencies and city law enforcement say the mobile app and ride-sharing company is operating illegally.
A new report shows the economic impact of the recycling industry in South Carolina has doubled since 2006, bringing a $13 billion surge to the Palmetto State’s annual economy.