S 1021

  • South Carolina Senate Bill
  • 2023-2024 Regular Session
  • Introduced in Senate Mar 21, 2024
  • Passed Senate Mar 20, 2024
  • Passed House May 09, 2024
  • Signed by Governor May 20, 2024

Abandoned buildings tax credit

Abstract

AN ACT TO EXTEND THE PROVISIONS OF THE SOUTH CAROLINA ABANDONED BUILDINGS REVITALIZATION ACT TO 2035; TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-67-140, RELATING TO THE ABANDONED BUILDINGS TAX CREDIT, SO AS TO INCREASE THE AMOUNT OF THE MAXIMUM TAX CREDIT THAT MAY BE EARNED; AND BY ADDING SECTION 12-6-3810 SO AS TO PROVIDE FOR AN INCOME TAX CREDIT EQUAL TO FIFTY PERCENT OF AN ELIGIBLE TAXPAYER'S QUALIFIED RAILROAD RECONSTRUCTION OR REPLACEMENT EXPENDITURES, AND TO PROVIDE FOR THE ADMINISTRATION OF THE TAX CREDIT. - RATIFIED TITLE

Bill Sponsors (3)

Votes


Actions


May 29, 2024

South Carolina Legislature

Act No. 169

South Carolina Legislature

Effective date 05/20/24

May 20, 2024

South Carolina Legislature

Signed By Governor

May 15, 2024

South Carolina Legislature

Ratified R 197

May 13, 2024

South Carolina Legislature

Scrivener's error corrected

May 09, 2024

House

Read third time and returned to Senate with amendments

Senate

House amendment amended

House

Roll call Yeas-104 Nays-0

House

Concurred in Senate amendment and enrolled

Senate

Returned to House with amendments

Senate

Roll call Ayes-44 Nays-0

May 08, 2024

House

Amended

House

Read second time

House

Roll call Yeas-98 Nays-8

May 07, 2024

House

Debate adjourned

House

Requests for debate-Rep(s). Hiott, B Newton, Carter, Guffey, Sessions, Harris, Magnuson, Guest, West, Chapman, Gagnon, Beach, Cromer, Gilliam, White, Chumley, Long

May 02, 2024

House

Debate adjourned until Tues., 5-7-24

Apr 30, 2024

South Carolina Legislature

Scrivener's error corrected

Apr 25, 2024

House

Committee report: Favorable with amendment Ways and Means

Mar 21, 2024

House

Introduced and read first time

House

Referred to Committee on Ways and Means

Mar 20, 2024

Senate

Read third time and sent to House

Mar 19, 2024

Senate

Roll call Ayes-42 Nays-0

Senate

Read second time

Mar 01, 2024

South Carolina Legislature

Scrivener's error corrected

Feb 28, 2024

Senate

Committee report: Favorable Finance

Feb 06, 2024

Senate

Introduced and read first time

Senate

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
02/06/2024 HTML
02/28/2024 HTML
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04/25/2024 HTML
04/30/2024 HTML
05/08/2024 HTML
05/09/2024 HTML
05/13/2024 HTML
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Related Documents

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Sources

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