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H 4035

  • South Carolina House Bill
  • 2017-2018 Regular Session
  • Introduced in House Mar 22, 2017
  • House
  • Senate
  • Governor

A Bill To Amend Section 11-44-30, Code Of Laws Of South Carolina, 1976, Relating To Definitions Regarding The High Growth Small Business Job Creation Act, So As To Allow Individuals Not Subject To The South Carolina Income Tax To Claim The Credit, To Specify Services For Which Contributions Are Not Eligible For The Credit, And To Substitute "Convertible" For "Subordinated" In The Definition Of Qualified Investment; To Amend Sections 11-44-40 And 11-44-50, Both Relating To The Credit, So As To Increase The Annual Aggregate Credit From Five Million Dollars To Ten Million Dollars, And To Make A Conforming Change; To Amend Section 11-44-60, Relating To The Registration Of A Qualified Business, So As To Eliminate The Requirement That Certain Information Be Contained In A Report To The General Assembly And Governor; To Repeal Section 11-44-65 Relating To The Tax Treatment Of Certain Capital Gains Or Losses; And To Amend Act 80 Of 2013, Relating To The High Growth Small Business Job Creation Act, So As To Reauthorize The Act For Six More Years.

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Abstract

Bill Sponsors (24)

G.R. Smith

     
Primary

Elliott

     
Primary

Bruce Bannister

  • Republican
  • Representative
  • District 24
Primary

Eric M. Bedingfield

  • Republican
Primary

Mike Burns

  • Republican
  • Representative
  • District 17
Primary

J. Derham Cole, Jr.

  • Republican
Primary

F. Gregory "Greg" Delleney, Jr.

  • Republican
Primary

Shannon Erickson

  • Republican
  • Representative
  • District 124
Primary

Kirkman Finlay, III

  • Republican
Primary

P. Michael "Mike" Forrester

  • Republican
Primary

Daniel P. "Dan" Hamilton

  • Republican
Primary

Phyllis J. Henderson

  • Republican
Primary

Bill Herbkersman

  • Republican
  • Representative
  • District 118
Primary

Dwight Loftis

  • Republican
  • Senator
  • District 6
Primary

Tommy Pope

  • Republican
  • Representative
  • District 47
Primary

J. Gary Simrill

  • Republican
Primary

Edward R. "Eddie" Tallon, Sr.

  • Republican
Primary

Merita A. "Rita" Allison

  • Republican
Primary

Nathan Ballentine

  • Republican
  • Representative
  • District 71
Primary

Russell W. Fry

  • Republican
Primary

Craig Gagnon

  • Republican
  • Representative
  • District 11
Primary

James H. "Jay" Lucas

  • Republican
Primary

Bill Sandifer

  • Republican
  • Representative
  • District 2
Primary

Mark Willis

  • Republican
  • Representative
  • District 16
Primary

Votes

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Actions

Mar 22, 2017

House

Introduced and read first time

House

Referred to Committee on Ways and Means

Bill Text

Bill Text Versions Format
3/30/2017 HTML
3/22/2017 HTML

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Sources

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