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SC Economic Development and Utility Modernization Ad Hoc Committee January 20, 2026

Economic Development Utility Modernization Ad Hoc Committee · January 20, 2026

The Economic Development Utility Modernization Ad Hoc Committee met to review and unanimously recommend drafting a bill to exempt the first $10,000 of net depreciation value of business personal property for qualifying small businesses and to include a related corporate license fee provision for startups; the committee plans to file the draft by the end of the week and refer it to Ways and Means.

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