H4134 would extend the state’s High Growth Small Business Job Creation Act—also known as the Angel Investor Tax Credit Act—for another ten years, through 2035. It renames the law to the "High Growth Small Business Job Creation Act of 2013 – Angel Investor Tax Credit Act," and keeps in place its provisions.

The South Carolina State House of Representatives passed H4134 on April 22, 2025 by a vote of 90 to 19. We have assigned pluses to the nays because government should not pick winners and losers. This violates the Declaration of Independence’s principle that all men are created equal and the 14th Amendment’s guarantee of equal protection under the law. Rather than engaging in corporate welfare, government should remove burdensome regulations and allow businesses to succeed or fail through the free market.