Current Status Bill Number:5037 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19980414 Primary Sponsor:McMaster All Sponsors:McMaster, Harrison, Stille, Cromer, Byrd and Jordan Drafted Document Number:pt\1181dw.98 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Computer Network Economic Impact Act of 1998, Computers, Internet, Taxation
Body Date Action Description Com Leg Involved
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House 19980414 Introduced, read first time, 30 HWM
referred to Committee
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TO AMEND TITLE 12, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TAXATION, BY ADDING CHAPTER 63 SO AS TO ENACT THE "COMPUTER NETWORK ECONOMIC IMPACT ACT OF 1998", TO PROVIDE FOR THE CREATION OF AN IMPACT FUND AND ESTABLISH GUIDELINES FOR USE OF THE FUNDS, AND PROVIDE TAX CREDITS FOR QUALIFIED APPLICANTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Title 12 of the 1976 Code is amended by adding:
Section 12-63-10. This chapter may be cited as the 'Computer Network Economic Impact Act of 1998'."
SECTION 2. This act takes effect upon approval by the Governor.