South Carolina

New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.

The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.

The South Carolina-owned agency’s A1 bond rating could be lowered due to threats from pending legislation and litigation, Moody’s said.

Voters in Aiken County and part of Saluda County approved Tuesday the $90 million Aiken County Public School District's bond to help pay for expansions, additions and security enhancements at four existing schools and to build two new schools.

For the second time in 18 months, voters have denied the Beaufort County School District millions of dollars to fund school construction projects.

The legislation would determine the fate of the state-owned utility formally known as the South Carolina Public Service Authority.

An analyst says South Carolina Gov. Henry McMaster does not to have the sole authority to bar Santee Cooper from raising rates.

North Augusta residents expressed positive support Monday for the Aiken County Public School District's bond referendum set for May 1.

The ruling could result in the county repaying millions of dollars improperly spent from its 1% sales tax dedicated to its transportation program.

An electric cooperative’s cross claim could upend the South Carolina Public Service Authority’s ability to collect nuclear-related costs.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

As payback for a failed nuclear reactor project, state lawmakers could stop the South Carolina Public Service Authority from raising rates.

Voters denied a bond Tuesday that would have paid for school renovations and a new workforce readiness center for Chester County students.

Gov. Henry McMaster called the state-owned utility a "failing asset" while calling for tax cuts in his first budget proposal.

Gov. Henry McMaster said the only way to stop rate increases to pay for the failed Summer nuclear project is to sell the state-owned utility.

Decisions by Georgia and South Carolina regulators and lawmakers will affect the public owners of two nuclear projects.

In two public meetings Thursday, Aiken County school officials accounted for their stewardship of the 1 cent sales tax that has funded several projects and made a pitch for a new $90 million bond issue to keep up with anticipated growth.

Issuers of conduit debt would lose their primary purpose if Congress eliminates private activity bonds.

Volvo announced plans to expand its Berkeley County manufacturing facility, which hasn't opened yet.

Fitch returned the South Carolina-owned utility's outlook to stable due to cancellation of the nuclear reactor project.