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Session 125 - (2023-2024)Printer Friendly
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S*1021 (Rat #0197, Act #0169 of 2024) General Bill, By Davis, Matthews and Campsen
Summary: Abandoned buildings tax credit
    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
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02/06/24Senate Introduced and read first time (Senate Journal-page 4)
02/06/24Senate Referred to Committee on Finance (Senate Journal-page 4)
02/28/24Senate Committee report: Favorable Finance (Senate Journal-page 15)
03/01/24 Scrivener's error corrected
03/19/24Senate Read second time (Senate Journal-page 17)
03/19/24Senate Roll call Ayes-42 Nays-0 (Senate Journal-page 17)
03/20/24Senate Read third time and sent to House (Senate Journal-page 11)
03/21/24House Introduced and read first time (House Journal-page 19)
03/21/24House Referred to Committee on Ways and Means (House Journal-page 19)
04/25/24House Committee report: Favorable with amendment Ways and Means (House Journal-page 19)
04/30/24 Scrivener's error corrected
05/02/24House Debate adjourned until Tues., 5-7-24 (House Journal-page 20)
05/07/24House Requests for debate-Rep(s). Hiott, B Newton, Carter, Guffey, Sessions, Harris, Magnuson, Guest, West, Chapman, Gagnon, Beach, Cromer, Gilliam, White, Chumley, Long (House Journal-page 103)
05/07/24House Debate adjourned (House Journal-page 199)
05/08/24House Amended (House Journal-page 228)
05/08/24House Read second time (House Journal-page 228)
05/08/24House Roll call Yeas-98 Nays-8 (House Journal-page 232)
05/09/24House Read third time and returned to Senate with amendments (House Journal-page 84)
05/09/24Senate House amendment amended (Senate Journal-page 33)
05/09/24Senate Roll call Ayes-44 Nays-0 (Senate Journal-page 33)
05/09/24Senate Returned to House with amendments (Senate Journal-page 33)
05/09/24House Concurred in Senate amendment and enrolled (House Journal-page 118)
05/09/24House Roll call Yeas-104 Nays-0 (House Journal-page 119)
05/13/24 Scrivener's error corrected
05/15/24 Ratified R 197
05/20/24 Signed By Governor
05/29/24 Effective date 05/20/24
05/29/24 Act No. 169



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