Tax breaks for SC boat owners could cut counties’ revenue by $40M

By: Jessica Holdman

Outlets: South Carolina Daily Gazette

Published: March 9, 2026

Words: 379

Last Updated: 18 hours, 55 minutes ago

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COLUMBIA — An updated analysis to legislation that reduces property taxes on boats registered in South Carolina shows counties would take less of a hit than predicted when the Senate approved it last week.

The update shows counties stand to lose $39.7 million in revenue collectively once the break is fully phased in over three years. That’s down from $51.4 million senators thought counties would lose in 2029, as the SC Daily Gazette …

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