South Carolina Legislature




Instructions


 
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Session 112 - (1997-1998)Printer Friendly
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H 3625 General Bill, By Harrell
    A BILL TO AMEND SECTION 12-6-3420, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CORPORATE INCOME TAX CREDIT FOR CONSTRUCTION OF OR IMPROVEMENT TO AN INFRASTRUCTURE PROJECT, SO AS TO REDEFINE "INFRASTRUCTURE PROJECT", TO CLARIFY THE MEANING OF "QUALIFIED PRIVATE ENTITY", TO DEFINE "RELATED TAXPAYER", TO PROHIBIT A CLAIM FOR THE CREDIT BEFORE DEDICATION OR CONVEYANCE OF THE PROJECT, TO PROVIDE FOR PAYMENT OF TAX DUE ON A ROAD THAT IS LATER REMOVED FROM THE INFRASTRUCTURE PROJECT, AND TO DELETE ALLOWANCE OF THE TAX CREDIT TO CORPORATIONS ON A CONSOLIDATED BASIS.
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03/11/97House Introduced and read first time HJ-6
03/11/97House Referred to Committee on Ways and Means HJ-7
04/22/97House Committee report: Favorable Ways and Means HJ-4
04/29/97House Read second time HJ-49
04/30/97House Read third time and sent to Senate HJ-18
05/01/97Senate Introduced and read first time SJ-11
05/01/97Senate Referred to Committee on Finance SJ-11
05/21/97Senate Committee report: Favorable Finance SJ-25



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