Florence 1 Schools Teacher Recuitment Fair To Be Held This Saturday

Tell someone about the Florence 1 Schools recruitment fair. Check it out this Saturday, February 3rd starting at 10:00 AM. The event will be held at South Florence High School and runs until 12:00 PM.

Leadership Florence Participates In Non-Profit/Social Issues Session

The Chamber’s Leadership Florence class held Non Profit/Social Issues Day last week.

The 33 member class visited, toured and heard from many area non-profits agencies and social service providers in the Florence area, including Senior Citizens Association, Lighthouse Ministries, the YMCA, American Red Cross, Man2Man, My Brothers Keeper, The Florence Library and CARE House.

To see more photos from the day, click here.

U.S. House Advances Bipartisan Tax Bill

A $78 billion bill that would restore research and development (R&D) expensing, bonus depreciation, expand the Child Tax Credit, and phase out the Employee Retention Tax Credit (ERTC), among other things, is making its way through Congress. Last week, the Tax Relief for American Families and Workers Act of 2024 successfully passed out of the House Ways and Means Committee with strong bipartisan support. The bill is a compromise proposal negotiated by the Republican-controlled House Ways and Means Committee and Senate-controlled Finance Committee. It may be considered for a full vote by the House as early as next week.

Key features of the pro-growth tax relief package include:

  • An extension of full expensing for R&D investments through 2025
  • An extension of 100% bonus depreciation for all business investments in machines, equipment, and vehicles through 2025, and retroactive 100% bonus depreciation for investments made since the end of 2022
  • The restoration of a less restrictive limitation on business deductions for net interest expense
  • An increase the amount of low-income housing tax credit (LIHTC) available to states by 12.5 percent
  • Expanded access to the Child Tax Credit, and an increase the maximum credit amount adjusted for inflation, and an increase in the limit on refundability
  • An acceleration of the deadline for filing backdated claims to January 31, 2024, under the COVID-era employee retention tax credit (ERTC) which will save over $70 billion.

    To read the full story, click here.

South Carolina Legislative Update – Week Three

The General Assembly returned to the State House this week for another productive week in this year’s legislative session. Two notable bills that were worked on include:

  • Unemployment Insurance Tax Delinquency Relief (H.3992) – On Wednesday, the House Labor, Commerce and Industry (LCI) Committee’s Business and Commerce Subcommittee advanced a bill that would provide relief to employers that are delinquent in their unemployment insurance (UI) taxes by allowing them to enter into installment plans with the Department of Employment and Workforce (DEW) and avoid escalation to UI tax rate class 20. The SC Chamber is supportive of this legislation as we believe it will provide significant relief to small businesses by ensuring that they don’t have to close their doors simply because they miss a UI tax payment and spiral into a cycle of tax debt. The bill now heads to the full House LCI Committee.
     
  • Maximum Unemployment Benefits (H.4710) – On Wednesday, the House Ways and Means Committee advanced a bill that would accelerate the re-employment process of recently unemployed individuals across the state, ensuring that during times of low unemployment, individuals are not incentivized to stay on the sidelines and collect unemployment benefits when there are high-paying jobs going unfilled. Under current South Carolina law, individuals can claim unemployment benefits for a maximum rate of 20 weeks. Under this proposal, the duration of unemployment benefits will be indexed to the unemployment rate so that in times of low unemployment, the maximum duration of benefits will be 12 weeks and in times of high unemployment, the maximum duration will be 20 weeks. The bill now heads to the House floor.

South Carolina Looks at Restaurants Having Curbside Pickup/Delivery of Alcohol

The House Judiciary Committee held their first full committee hearing where a bill, which would give restaurants the ability to offer curbside pickup/delivery of alcohol, received a favorable report. The bill now heads to the House floor for further consideration. You can watch the full committee hearing here.

To read the full story, click here.

Radha’s Bridal Shop Is Open For Business In Florence

Radha Dillah, along with friends, family, staff, and the Chamber Ambassadors cuts her ribbon opening Radha’s Bridal Shop.

Radha’s Bridal Shop was formerly The Bridal Hut located on W. Palmetto and has been relocated to 302 Dorado Dr, Florence SC 29505. The shop has numerous wedding gowns, prom dresses and formal attire for all occasions.

Radha decided to combine her business, R&D Sewing Shop and Radha’s Bridal Shop, in one location. With the new addition that was recently opened Radha’s group can take care of all your alterations and formal wear in one convenient place. Allowing them to fit and alter any garments.

To read the full story, click here.

Duke Energy Presents Funding To Junior Leadership Florence County

During their Business and Industry Session last week, the Junior Leadership Florence County Class of 2023-2024 was presented with funding from Duke Energy, one of the sponsors who makes this program possible. A huge thank you to Duke Energy for your continued support of this prestigious program that encourages growth in Florence County.

24th Annual Lighthouse Ministries BBQ Fundraiser Set For March 18 – 22

Lighthouse Ministries will host its 24th Annual BBQ Fundraiser. This weeklong event is held to raise money to assist those in Florence County meet their basic needs. The event is held at Holt Bros BBQ.

The $12 plate includes: BBQ, macaroni and cheese, rice and gravy, green beans, and a biscuit.

To see the full flyer, click here.

The 30th Annual BBQ Benefiting Florence County Disabilities Foundation Scheduled For March 12

Join The Florence County Diasabilities Foundation for the Annual BBQ benefit on Tuesday, March 12.  BBQ Plates, BBQ by the pounds, chicken bog, and desserts are available.  n be picked up from Rogers BBQ in Florence, The Continuum in Lake City or delivered to Johnsonville.

To see the full flyer, click here.

The Animal Doctor Featured On ChamberLink Radio

Dr. Eryn D’Angelo, owner and veterinarian, was the Chamber’s radio guest on ChamberLink Radio this past weekend.

You can catch the conversation each Sunday from 12:00 – 12:30 pm on LIVE 95.3FM in Florence, SC.

This radio program is brought to you by the Greater Florence Chamber of Commerce.