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The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2–$3 fee on sales of lead-acid batteries) and to ...
In 2022, the state treasury's custodial fund balances were approximately $2.8 billion. [4] [a] Moreover, the state treasurer administers unclaimed property and manages the state's debt. [6] [7] The Office of the State Treasurer also provides certain services to South Carolina residents, including its college and ABLE savings programs. [8] [9]
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year. [53] Exemptions can be quite substantial.
In a mailer sent by state Rep. Heather Bauer, D-Richland, the first-term state lawmaker touted how the state budget includes a $500 million property tax cut, a $1,000 raise for state employees and ...
Martha Whitehead. Texas State Treasurer was an elected constitutional officer in the executive branch of the state government of Texas, responsible for overseeing the financial operations of state government. The position was established in the Constitution of 1876. It was officially abolished on August 31, 1996.
Thomas Ravenel. Categories: State constitutional officers of South Carolina. State treasurers of the United States. Hidden category: Commons category link is on Wikidata.
The Revenue Act of 1964 restricted the SALT deduction to state and local taxes on real property, personal property, income, general sales, and gasoline and other motor fuels. [16] Amid the 1970s energy crisis, Congress passed the Revenue Act of 1978, which eliminated the deduction for state and local taxes on gasoline and motor vehicle fuel.
Education. University of South Carolina, Columbia (BA) Website. Government website. Curtis M. Loftis Jr. (born September 8, 1958) is an American politician, businessman and philanthropist. He currently serves as the Treasurer of South Carolina. A member of the Republican Party, Loftis has held elective office since 2010.