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Council adopts first reading of state-mandated business-license schedule update
Summary
The council approved on first reading an update to the city's business-license rate schedule to comply with South Carolina Act 176 and the state’s NAICS-based classifications; staff estimated a potential $119,000 annual revenue reduction and recommended no fee increases.
Anderson City — The Anderson City Council approved on first reading an update to the city's business-license class schedule required by South Carolina Act 176, which standardizes retail business-license classes using the North American Industry Classification System (NAICS).
Margaret Martin, the city’s chief financial officer, told the council the state released updated NAICS data for 2025 and…
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