U.S. Senators Tim Scott (R-S.C.) and Sherrod Brown (D-Ohio) introduced the Supply Chain Disruptions Relief Act, bipartisan legislation to provide tax relief to auto dealers experiencing inventory shortages due to global supply chain issues.
“Auto dealers across the country have struggled to maintain inventory due to global supply chain constraints,” said Senator Scott. “This legislation will help stabilize the industry and support thousands of jobs in South Carolina by providing much needed tax relief to businesses in our state and around the country.”
“This legislation will grant much needed tax relief to auto dealers facing unique supply chain challenges,” said Senator Brown. “This bill will mean those dealers – that are often small, family-owned businesses – get a temporary break – and a chance to spend their funds on replacing their depleted inventories and investing in their workers.”
