South Carolina House OKs Amazon deal

After a dramatic turnaround Wednesday in the House, the battle to win a prized tax incentive to lure moves to the state Senate, where the online retailer’s support has not been tested.

A 97-20 tally ”” aided by 49 legislators, mostly Republicans, who switched their vote ”” handed the Seattle-based company a real shot at receiving a five-year exemption from collecting state sales tax on each purchase by South Carolina shoppers. Last month, the House refused to grant the incentive on a 71-47 vote, which halted the project.

The vote came after Amazon sweetened its offer Tuesday night with an additional 751 jobs and $35 million more in investment, said Rep. Kenny Bingham, R-Lexington, who became the House point man in the high-stakes battle.

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Posted in * Culture-Watch, * Economics, Politics, * South Carolina, Blogging & the Internet, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Politics in General, State Government

One comment on “South Carolina House OKs Amazon deal

  1. Terry Tee says:

    Wow. Amazon sweetened the deal. You folks down there in South Carolina play hard ball.