South Carolina Legislature




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Session 124 - (2021-2022)Printer Friendly
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S 1120 General Bill, By Peeler and Alexander
Similar (H 5075)
Summary: Housing tax credit
    A BILL TO AMEND SECTION 12-6-3795, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA HOUSING TAX CREDIT, SO AS TO DEFINE TERMS AND LIMIT THE CREDIT; TO AMEND ARTICLE 3 OF CHAPTER 11, TITLE 1, RELATING TO THE ALLOCATION OF STATE CEILING ON ISSUANCE OF PRIVATE ACTIVITY BONDS, SO AS TO REQUIRE THE STATE FISCAL ACCOUNTABILITY AUTHORITY TO DEVELOP A STATE CEILING ALLOCATION PLAN ANNUALLY, TO SPECIFY REQUIREMENTS OF THE PLAN, AND TO PROVIDE A PROCESS FOR PERIODIC ALLOCATIONS OF THE STATE CEILING; AND TO REPEAL SECTION 1-11-370 RELATING TO INDEBTEDNESS INCLUDED WITHIN ANY LIMITS ON PRIVATE ACTIVITY BONDS.
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03/03/22Senate Introduced and read first time (Senate Journal-page 3)
03/03/22Senate Referred to Committee on Finance (Senate Journal-page 3)
03/29/22Senate Committee report: Favorable with amendment Finance (Senate Journal-page 16)
03/30/22 Scrivener's error corrected
03/31/22Senate Read second time (Senate Journal-page 43)
04/06/22Senate Committee Amendment Adopted (Senate Journal-page 20)
04/06/22Senate Read third time and sent to House (Senate Journal-page 20)
04/06/22Senate Roll call Ayes-xxx Nays-xxx (Senate Journal-page 20)
04/07/22House Introduced and read first time
04/07/22House Referred to Committee on Ways and Means
04/07/22 Scrivener's error corrected



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