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Session 124 - (2021-2022)Printer Friendly
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S 0635 General Bill, By Setzler and Scott
Similar (H 3856)
    A BILL TO AMEND SECTION 13-17-40, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO MEMBERS OF THE SOUTH CAROLINA RESEARCH AUTHORITY BOARD OF TRUSTEES, SO AS TO PROVIDE THAT THE BOARD CONSISTS OF CERTAIN UNIVERSITY PRESIDENTS OR THEIR DESIGNEES, TO PROVIDE CERTAIN REQUIREMENTS FOR DESIGNEES, AND TO PROVIDE THAT THE EXECUTIVE COMMITTEE SHALL ELECT TWO ADDITIONAL MEMBERS WHO ARE NOT REQUIRED TO BE TRUSTEES AT THE TIME OF THEIR ELECTION; TO AMEND SECTION 13-17-70, RELATING TO THE POWERS OF THE BOARD OF TRUSTEES, SO AS TO PROVIDE THAT THE BOARD MAY INVEST IN CERTAIN OBLIGATIONS OF PRIVATE ENTITIES; TO AMEND SECTION 13-17-87, RELATING TO THE ESTABLISHMENT OF RESEARCH INNOVATION CENTERS, SO AS TO PROVIDE THAT THE SOUTH CAROLINA RESEARCH AUTHORITY MAY ALLOW A COMPANY TO REMAIN IN AN INNOVATION CENTER FOR UP TO FIVE YEARS OR UNTIL EXCEEDING FIVE MILLION DOLLARS BUT DOES NOT APPLY WITH RESPECT TO THIRTY-FIVE PERCENT OF THE SQUARE FEET IN AN INNOVATION CENTER; AND TO AMEND SECTION 12-6-3585, AS AMENDED, RELATING TO THE INDUSTRY PARTNERSHIP FUND TAX CREDIT, SO AS TO PROVIDE THAT IF THE AGGREGATE CREDIT AMOUNT IS NOT MET IN A CERTAIN TIMEFRAME THEN THE SINGLE TAXPAYER MAXIMUM CREDIT IS INCREASED TO ONE MILLION DOLLARS.
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03/02/21Senate Introduced and read first time (Senate Journal-page 11)
03/02/21Senate Referred to Committee on Labor, Commerce and Industry (Senate Journal-page 11)
04/08/21Senate Committee report: Favorable with amendment Labor, Commerce and Industry (Senate Journal-page 12)
04/14/21Senate Committee Amendment Adopted (Senate Journal-page 13)
04/14/21Senate Amended (Senate Journal-page 13)
04/14/21Senate Read second time (Senate Journal-page 13)
04/14/21Senate Roll call Ayes-41 Nays-0 (Senate Journal-page 13)
04/15/21 Scrivener's error corrected
04/20/21Senate Read third time and sent to House (Senate Journal-page 13)
04/21/21House Introduced and read first time (House Journal-page 23)
04/21/21House Referred to Committee on Education and Public Works (House Journal-page 23)



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