South Carolina weighs 'Yankee tax' on newcomer driving fees [View all]

Additional fees may be coming for incoming South Carolina residents who want to legally drive on their new home state’s roads.

Droves of newcomers have made South Carolina one of the nation’s fastest-growing states. As legislators respond to climbing population totals, a bill dubbed the “Yankee tax” could require freshly minted Palmetto State locals to pay $500 total in one-time fees for new driver’s licenses and vehicle registration.

The Senate Finance Committee on Tuesday approved the proposal by a 11-6 vote. It now heads to the Senate floor.

Republican Sen. Stephen Goldfinch’s bill purports to capitalize on the state’s in-migration by ensuring these new neighbors pay for the infrastructure already funded by existing taxpayers. He compared the tax to impact fees: one-time charges commonly paid by developers to help cover the increased demands their new project might bring for public facilities.

https://www.wvlt.tv/2023/02/22/south-carolina-weighs-yankee-tax-newcomer-driving-fees/

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