The president of the state Chamber of Commerce said lawmakers have realized they made a mistake by adopting a controversial tax-relief law, but don’t know how to fix the problems it caused and don’t want to reverse the property tax relief for owner-occupied homes. Read more

South Carolina representatives have thrown a political hot potato to state senators, inviting new debate on tax changes loved by homeowners but hated by business interests. House members have agreed to let a special commission reviewing tax policy take up the controversial Act 388 as part of its work. Now the resolution goes to the Senate, where it's expected to face opposition. Read more

COLUMBIA, S.C. (AP) — Plans to give a tax break to people with second homes, rental housing or commercial property failed Wednesday in the South Carolina Senate. Read more

Supporters say plan would spur sales of 2nd homes, commercial property. Read more

The South Carolina Senate resumed debate Thursday, but reached no conclusion, on a plan to change to the statewide property tax system by capping the reassessments of properties that change ownership. Read more

A plan aimed at stimulating commercial real estate sales in South Carolina by offering generous property tax incentives was unveiled in the state Senate on Wednesday but ran into unexpected resistance just hours later. Read more