South Carolina 2025-2026 Regular Session Status: In Committee

H 5243 — Credit against withholding

Last action — Referred to Committee on Ways and Means

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced February 24, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 14% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-10-95, RELATING TO CREDIT AGAINST WITHHOLDING FOR RETRAINING, SO AS TO PROVIDE AN INCREASE IN THE CREDIT AMOUNT.

Bill Text

What changed in the latest version

48 added · 7 removed

Plain-language change summary

The updated version of Bill H 5243 increases the annual credit amount businesses can claim against withholding for employee retraining from $1,000 to $2,000. Additionally, the total retraining credit that can be claimed over five consecutive years has increased from $5,000 to $10,000. This change is significant because it provides more financial support to businesses, encouraging them to invest in the skills development of their employees, which can help keep them competitive and adapt to new technologies.

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2025-2026 Bill 5243 Text of Previous Version (Feb.
24, 2026) - South Carolina Legislature Online South Carolina General Assembly126th Session, 2025-2026Bill 5243Indicates Matter StrickenIndicates New Matter(Text matches printed bills.
Document has been reformatted to meet World Wide Web specifications.)                 A bill   TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-10-95, RELATING TO CREDIT AGAINST WITHHOLDING FOR RETRAINING, SO AS TO PROVIDE AN INCREASE IN THE CREDIT AMOUNT.
  Be it enacted by the General Assembly of the State of South Carolina:
  SECTION 1.  Section 12-10-95(A) of the S.C.
Code is amended to read:
      Section 12-10-95.  (A)(1) Subject to the conditions in this section, a business engaged in manufacturing or processing operations or technology-intensive activities at a manufacturing, processing, or technology-intensive facility as defined in Section 12-6-3360(M), or warehousing and distribution, and that meets the requirements of Section 12-10-50(B)(2), with approval from the State Board for Technical and Comprehensive Education, may claim as a credit against withholding one two thousand dollars a year for the retraining of a production, or technology, or warehousing and distribution first line employee or immediate supervisor who has been continuously employed by the business for a minimum of one year and is a full-time employee, so long as retraining is necessary for the qualifying business to remain competitive, upgrade the skills of incumbent employees, or to introduce new technologies.
In addition to the yearly limits, the retraining credit claimed against withholding may not exceed five ten thousand dollars over five consecutive years for each retrained production, or technology, or warehousing and distribution first line employee or immediate supervisor.
       (2) Retraining programs that are eligible for the credit include, but are not limited to:
           (a) retraining of current employees on newly installed equipment;
           (b) retraining of current employees on newly implemented technology, such as computer platforms, software implementation and upgrades, Total Quality Management, ISO 9000, and self-directed work teams;
and            (c) retraining of current employees for the purpose of upskilling, management development, or recertification in production-related competencies.
    Executive training, and personal enrichment training, and cross-training of employees on equipment or technology that is not new to the company are not eligible for the credit.
  SECTION 2.  This act takes effect upon approval by the Governor and first applies to income tax years beginning after 2026.
----XX---- This web page was last updated on February 24, 2026 at 01:32 PM
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Action History

  1. Referred to Committee on Ways and Means

  2. Introduced and read first time

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 169 not signed on

Co-sponsors (0)

None.

Not signed on (169)

169 members have not signed on to this bill.

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"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

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Frequently asked questions

What does H 5243 do?
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-10-95, RELATING TO CREDIT AGAINST WITHHOLDING FOR RETRAINING, SO AS TO PROVIDE AN INCREASE IN THE CREDIT AMOUNT.
Who sponsors H 5243?
H 5243 is sponsored by Representative Brandon Newton.
What is the current status of H 5243?
This bill is in committee in the House. Introduced February 24, 2026. It must pass committee before a floor vote.
Where can I track H 5243?
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