S 627 — Pass through trade and business income
Last action — Act No. 61
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 02, 2021. Enacted.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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21 sponsors
21 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
AN ACT TO AMEND SECTION 12-6-545, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INCOME TAX RATES FOR PASS-THROUGH TRADE AND BUSINESS INCOME, SO AS TO CREATE AN ELECTION TO TAX CERTAIN PARTNERSHIPS AND "S" CORPORATIONS AT THE ENTITY LEVEL. - ratified title
Bill Text
We don't have the full text on file for this bill yet.
Read S 627 on the official South Carolina source →Action History
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Act No. 61
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Effective date 05/17/21
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Signed By Governor
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Ratified R 75
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Concurred in House amendment and enrolled
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Scrivener's error corrected
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Returned to Senate with amendments
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Roll call Yeas-104 Nays-0
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Read second time
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Amended
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Requests for debate-Rep(s). King, Matthews, Dilliard, Gilliard, JL Johnson, Brawley, Tedder, Pendarvis, W Williams, R Williams, KO Johnson, Wetmore, Ott, Murray, Wheeler, Govan, Clyburn
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Debate adjourned until Tues., 5-11-21
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Committee report: Favorable with amendment Ways and Means
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Referred to Committee on Ways and Means
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Introduced and read first time
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Read third time and sent to House
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Roll call Ayes-45 Nays-0
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Read second time
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Committee Amendment Adopted
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Committee report: Favorable with amendment Finance
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Referred to Committee on Finance
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Introduced and read first time
Sponsors
- Senator Brian Adams · Primary
- Senator Josh Kimbrell · Primary
- Senator Michael Johnson · Primary
- Senator Ross Turner · Primary
- Senator George E. "Chip" Campsen III · Primary
- Senator Greg Hembree · Primary
- Senator Wes Climer · Primary
- Senator Rex F. Rice · Primary
- Senator Billy Garrett · Primary
- Senator Luke A. Rankin · Primary
- Jr. Senator Tom Young · Primary
- Senator Ronnie W. Cromer · Primary
- Senator Kent M. Williams · Primary
- Senator Tom Davis · Primary
- Senator Sean M. Bennett · Primary
- Senator Thomas C. Alexander · Primary
- Penry Gustafson · Primary
- Leatherman, Hugh K., Sr. · Primary
- Scott Talley · Primary
- Dwight A. Loftis · Primary
- McElveen, J. Thomas, III · Primary
Sponsorship breakdown
Export CSV (upgrade) →21 sponsors · 0 co-sponsors · 149 not signed on
Sponsors (21)
- Senator Brian Adams
- Senator Josh Kimbrell
- Senator Michael Johnson
- Senator Ross Turner
- Senator George E. "Chip" Campsen III
- Senator Greg Hembree
- Senator Wes Climer
- Senator Rex F. Rice
- Senator Billy Garrett
- Senator Luke A. Rankin
- Senator Tom Young, Jr.
- Senator Ronnie W. Cromer
- Senator Kent M. Williams
- Senator Tom Davis
- Senator Sean M. Bennett
- Senator Thomas C. Alexander
- Gustafson, Penry
- Leatherman, Hugh K., Sr.
- Talley, Scott
- Loftis, Dwight A.
- McElveen, J. Thomas, III
Co-sponsors (0)
None.
Not signed on (149)
149 members have not signed on to this bill.
Show all 149 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 103 | 0 | 0 | 20 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 104 | 0 | 0 | 20 |
| % of votes cast | 84% | 0% | 0% | 16% |
How each member voted (124)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 45 | 0 | 0 | 0 |
| Total | 45 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (45)
Subjects
Frequently asked questions
- What does S 627 do?
- AN ACT TO AMEND SECTION 12-6-545, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INCOME TAX RATES FOR PASS-THROUGH TRADE AND BUSINESS INCOME, SO AS TO CREATE AN ELECTION TO TAX CERTAIN PARTNERSHIPS AND "S" CORPORATIONS AT THE ENTITY LEVEL. - ratified title
- Who sponsors S 627?
- S 627 is sponsored by Senator Brian Adams, Senator Josh Kimbrell, Senator Michael Johnson, Senator Ross Turner, Senator George E. "Chip" Campsen III, Senator Greg Hembree, Senator Wes Climer, Senator Rex F. Rice, Senator Billy Garrett, Senator Luke A. Rankin, Senator Tom Young, Jr., Senator Ronnie W. Cromer, Senator Kent M. Williams, Senator Tom Davis, Senator Sean M. Bennett, Senator Thomas C. Alexander, Gustafson, Penry, Leatherman, Hugh K., Sr., Talley, Scott, Loftis, Dwight A., and McElveen, J. Thomas, III.
- What is the current status of S 627?
- This bill has been enacted into law. Introduced March 02, 2021. Enacted.
- Where can I track S 627?
- Track S 627 free on One Click Politics — get push/email alerts when it moves.
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