Mar
29

South Carolina Point of Sale Update

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After failing to give H.3272 (Cooper) third reading in February, the legislation remains in the Senate Finance Committee, while retaining its place on the Senate Calendar. The Finance Committee has not met to consider H.3272. With the state budget looming, it is unlikely that the Committee will take up the bill until later this spring. Over the past few weeks, South Carolina REALTORS staff has been meeting with the 13 Senators who opposed third reading of H.3272 and seeking explanation for their opposition to addressing this crisis. The South Carolina REALTORS remain optimistic that point of sale assessment will be addressed this year.

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