Capital Use Sales Tax bill amends South Carolina Code to include workforce housing as a permissible project type.

The Capital Use Sales Tax bill amends Section 4-10-330 of the South Carolina Code to expand the permissible types of projects that can be funded by the sales and use tax. Specifically, it adds workforce housing to the list of eligible projects, which now includes highways, roads, courthouses, hospitals, and more. The bill also specifies the maximum time for which the tax can be imposed and details the conditions for its use. This act takes effect upon approval by the Governor.

Capital Use Sales Tax bill amends South Carolina Code to include workforce housing as a permissible project type.

The Capital Use Sales Tax bill amends Section 4-10-330 of the South Carolina Code to expand the permissible types of projects that can be funded by the sales and use tax. Specifically, it adds workforce housing to the list of eligible projects, which now includes highways, roads, courthouses, hospitals, and more. The bill also specifies the maximum time for which the tax can be imposed and details the conditions for its use. This act takes effect upon approval by the Governor.