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SC House's budget proposes significant pay raises and reduction of state income tax

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Russ McKinney
/
SCPublic Radio
By a vote of 110 to 0 members of the SC House of Representatives on Feb. 23, 2022 approved a bill to reduce the state’s personal income tax.

The state’s booming economy has allowed its’ budget writers this year to come through on some long standing promises. To significantly increase public education funding including teacher pay, and reducing personal income taxes. This week the House Ways and Means Committee reported out the first draft of next year’s record-setting $11 state budget. Also this week, the House of Representatives by a vote of 110-0 approved a bill that would lower the state's personal income tax rates.