H*3720 (Rat #0232, Act #0187 of 2012) General Bill, By Cooper, Henderson and Patrick
Summary: Jobs Tax Credits definitions
    AN ACT TO AMEND SECTION 12-6-3360, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS OF THE JOBS TAX CREDIT, SO AS TO REVISE THE REQUIREMENTS OF A QUALIFYING SERVICE-RELATED FACILITY AND A TECHNOLOGY INTENSIVE FACILITY; TO AMEND SECTION 12-20-105, AS AMENDED, RELATING TO TAX CREDITS FOR PROVIDING INFRASTRUCTURE, SO AS TO INCREASE THE MAXIMUM AGGREGATE CREDIT TO FOUR HUNDRED THOUSAND DOLLARS ANNUALLY AND TO DEFINE SITE PREPARATION COSTS; TO AMEND SECTION 12-44-30, AS AMENDED, RELATING TO THE DEFINITION OF 'TERMINATION DATE' FOR PURPOSES OF FEE IN LIEU OF TAXES, SO AS TO PROVIDE THAT WITH RESPECT TO A FEE AGREEMENT INVOLVING AN ENHANCED INVESTMENT, THE TERMINATION DATE IS THE LAST DAY OF A PROPERTY TAX YEAR THAT IS NO LATER THAN THE THIRTY-NINTH YEAR FOLLOWING THE FIRST PROPERTY TAX YEAR IN WHICH THE PROPERTY IS PLACED IN SERVICE, AND TO ALLOW FOR AN EXTENSION; TO AMEND SECTIONS 4-12-30, 4-29-67, AND 12-44-90, ALL AS AMENDED, RELATING TO FEE IN LIEU OF TAXES, SO AS TO PROVIDE THAT A COUNTY AUDITOR OR COUNTY ASSESSOR MAY REQUEST AND OBTAIN ANY FINANCIAL BOOKS AND RECORDS FROM A SPONSOR THAT SUPPORT THE SPONSOR'S TAX FORM OR RETURN TO VERIFY THE CALCULATIONS OF THE FEE IN LIEU OF TAXES TAX FORM OR RETURN; AND TO AMEND SECTION 12-36-2120, AS AMENDED, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT COMPUTERS, COMPUTER EQUIPMENT, COMPUTER HARDWARE AND SOFTWARE PURCHASES FOR A DATACENTER AND ELECTRICITY USED BY A DATACENTER. - ratified title
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02/22/11	House	Introduced and read first time (House Journal-page 15)
02/22/11	House	Referred to Committee on Ways and Means (House Journal-page 15)
02/24/11	House	Member(s) request name added as sponsor: Patrick
04/06/11	House	Committee report: Favorable with amendment Ways and Means (House Journal-page 62)
04/07/11		Scrivener's error corrected
04/13/11	House	Amended (House Journal-page 72)
04/13/11	House	Debate interrupted (House Journal-page 72)
04/13/11	House	Requests for debate-Rep(s). Skelton, Quinn, Daning, Hiott, Agnew, Battle, Bikas, Norman, RL Brown, Thayer, McLeod, JH Neal, and JR Smith (House Journal-page 79)
04/27/11	House	Debate interrupted (House Journal-page 98)
04/28/11	House	Read second time (House Journal-page 46)
04/28/11	House	Roll call Yeas-106 Nays-0 (House Journal-page 46)
04/28/11	House	Unanimous consent for third reading on next legislative day (House Journal-page 48)
04/29/11	House	Read third time and sent to Senate (House Journal-page 4)
05/03/11	Senate	Introduced and read first time (Senate Journal-page 24)
05/03/11	Senate	Referred to Committee on Finance (Senate Journal-page 24)
03/21/12	Senate	Committee report: Favorable with amendment Finance (Senate Journal-page 21)
03/22/12		Scrivener's error corrected
03/27/12	Senate	Committee Amendment Adopted (Senate Journal-page 23)
03/28/12		Scrivener's error corrected
04/12/12	Senate	Read second time (Senate Journal-page 20)
04/12/12	Senate	Roll call Ayes-35 Nays-1 (Senate Journal-page 20)
04/17/12	Senate	Read third time and returned to House with amendments (Senate Journal-page 26)
04/25/12	House	Debate adjourned until Thur., 04-26-12 (House Journal-page 40)
04/26/12	House	Debate adjourned until Tues., 05-01-12 (House Journal-page 70)
05/01/12	House	Senate amendment amended (House Journal-page 54)
05/01/12	House	Returned to Senate with amendments (House Journal-page 54)
05/02/12	House	Reconsidered (House Journal-page 53)
05/02/12	House	Senate amendment amended (House Journal-page 53)
05/02/12	House	Roll call Yeas-104 Nays-2 (House Journal-page 70)
05/02/12	House	Returned to Senate with amendments (House Journal-page 71)
05/29/12		Scrivener's error corrected
05/29/12	Senate	Concurred in House amendment and enrolled
05/29/12	Senate	Roll call Ayes-41 Nays-0
06/05/12		Ratified R 232
06/07/12		Signed By Governor
06/18/12		Effective date 06/07/12
06/18/12		Act No. 187