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SCANA settles Securities and Exchange Commission lawsuit
SCANA will pay a $25 million penalty and SCANA and SCE&G will pay $112.5 million in disgorgement plus prejudgment interest. The SEC alleged the companies defrauded investors through false statements regarding the V.C. Summer project.
Remote sellers’ sales tax collection doubles in S.C.
Remote sellers and online marketplace facilitators collected $311.5 million in sales and use tax between Nov. 1, 2019 and Oct. 31, 2020, according to the S.C. Department of Revenue. Registered remote sellers also increased by 1,643.
PPP forgiveness eased as delays concern lenders
Many S.C. businesses will qualify for a streamlined loan forgiveness program laid out by the SBA in October, though frustration grows as banks await action by the organization.
City of Columbia accepting scholarship nominations
The 2021 Martin Luther King Jr. Dream Keeper scholarships recognize commitment to community service. Nominees must be 18 or younger and enrolled in elementary, middle or high school with a minimum 2.0 grade point average.
Unemployment insurance taxes won’t increase for 86% of S.C. employers
The S.C. Department of Employment and Workforce said that, thanks to pandemic relief and the rebuilding of the state's Unemployment Insurance Trust Fund, rates for 86.3% of employers will remain unchanged or decrease for 2021.
$13 million in grants approved for 19 S.C. counties
The S.C. Rural Infrastructure Authority approved a first round of funding for fiscal year 2021 that will help finance 28 projects and benefit more than 53,000 customers.
West Columbia extends face covering ordinance
The ordinance requiring face coverings in most public establishments was extended during a Monday city council meeting until Jan. 2. The city of Columbia extended its emergency ordinance requiring face coverings in September.
New legislation could mean more flood insurance options
The South Carolina Private Flood Insurance Act allows private companies to offer and tailor flood coverage that can compete with the federally backed National Flood Insurance Program.
Sandhills Neighborhood Plan seeking public feedback
The plan, developed after surveys and community meetings with area residents and businesses, features recommendations addressing issues include housing development, recreation and transportation.
Richland County property tax bills to include fee increase
While the county property tax rate will not increase for 2020, bills will include an increase in solid waste services fees of about 13%. Tax bills are being sent out Friday and are due Jan. 15.
S.C. joins civil antitrust lawsuit against Google
Eleven states and the U.S. Justice Department allege that Google has entered into exclusionary agreements forcing installation of its search applications and preventing the installation of competing search services.
Richland County receives $500,000 to fight drug abuse
The funds are part of $2.5 million distributed to South Carolina by the Justice Department. Three other S.C. counties and the South Carolina Department of Public Safety also received grants.
