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Session 126 - (2025-2026)Printer Friendly
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S*0853 (Rat #0236) General Bill, By Davis, Hutto, Sutton, Graham, Turner, Stubbs, Matthews, Zell, Campsen, Kimbrell and Walker
Similar (H 5252)
Summary: Abandoned Buildings Tax Credit
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-67-120, RELATING TO THE ABANDONED BUILDINGS REVITALIZATION ACT DEFINITIONS, SO AS TO CLARIFY THAT THE EXISTENCE OF AN INCOME-PRODUCING USE PRIOR TO THE PERIOD OF ABANDONMENT IS NOT A REQUIREMENT FOR ELIGIBILITY; BY AMENDING SECTION 12-67-130, RELATING TO APPLICABILITY, SO AS TO MAKE A CONFORMING CHANGE; BY AMENDING SECTION 12-67-140, RELATING TO ELIGIBILITY FOR THE CREDIT, SO AS TO CLARIFY CERTAIN TIMING CONSIDERATIONS, RELATED TO THE FILING OF A NOTICE OF INTENT TO REHABILITATE AN ABANDONED BUILDING AND TO CLARIFY THAT ABANDONED BUILDING TAX CREDITS MAY NOT SERVE AS COLLATERAL FOR ANY DEBT; BY AMENDING SECTION 12-67-160, RELATING TO THE CERTIFICATION OF ABANDONED BUILDING SITES, SO AS TO REMOVE A REQUIREMENT FOR CERTAIN CERTIFICATIONS OF STATE-OWNED ABANDONED BUILDING SITES; AND TO PROVIDE FOR CERTAIN ABEYANCE. - RATIFIED TITLE
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Similar (H 5252)
Summary: Abandoned Buildings Tax Credit
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-67-120, RELATING TO THE ABANDONED BUILDINGS REVITALIZATION ACT DEFINITIONS, SO AS TO CLARIFY THAT THE EXISTENCE OF AN INCOME-PRODUCING USE PRIOR TO THE PERIOD OF ABANDONMENT IS NOT A REQUIREMENT FOR ELIGIBILITY; BY AMENDING SECTION 12-67-130, RELATING TO APPLICABILITY, SO AS TO MAKE A CONFORMING CHANGE; BY AMENDING SECTION 12-67-140, RELATING TO ELIGIBILITY FOR THE CREDIT, SO AS TO CLARIFY CERTAIN TIMING CONSIDERATIONS, RELATED TO THE FILING OF A NOTICE OF INTENT TO REHABILITATE AN ABANDONED BUILDING AND TO CLARIFY THAT ABANDONED BUILDING TAX CREDITS MAY NOT SERVE AS COLLATERAL FOR ANY DEBT; BY AMENDING SECTION 12-67-160, RELATING TO THE CERTIFICATION OF ABANDONED BUILDING SITES, SO AS TO REMOVE A REQUIREMENT FOR CERTAIN CERTIFICATIONS OF STATE-OWNED ABANDONED BUILDING SITES; AND TO PROVIDE FOR CERTAIN ABEYANCE. - RATIFIED TITLE
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| 01/28/26 | Senate | Introduced and read first time (Senate Journal-page 5) |
| 01/28/26 | Senate | Referred to Committee on Finance (Senate Journal-page 5) |
| 02/18/26 | Senate | Committee report: Favorable Finance (Senate Journal-page 9) |
| 02/24/26 | Senate | Read second time (Senate Journal-page 18) |
| 02/24/26 | Senate | Roll call Ayes-44 Nays-0 (Senate Journal-page 18) |
| 02/25/26 | Senate | Read third time and sent to House (Senate Journal-page 29) |
| 02/25/26 | Senate | Roll call Ayes-33 Nays-10 (Senate Journal-page 29) |
| 02/26/26 | House | Introduced and read first time (House Journal-page 17) |
| 02/26/26 | House | Referred to Committee on Ways and Means (House Journal-page 17) |
| 04/28/26 | House | Committee report: Favorable Ways and Means (House Journal-page 5) |
| 04/29/26 | House | Debate adjourned |
| 04/30/26 | House | Debate adjourned until Tues., 5-5-26 (House Journal-page 86) |
| 05/05/26 | House | Requests for debate-Rep(s). Cromer, Gilreath, Harris, White, Beach, Terribile, Morgan, Chumley (House Journal-page 25) |
| 05/07/26 | House | Debate adjourned (House Journal-page 45) |
| 05/13/26 | House | Requests for debate removed-Rep(s). Terribile, Beach, White, Cromer, Gilreath, Harris, Morgan, Chumley (House Journal-page 62) |
| 05/13/26 | House | Amended (House Journal-page 125) |
| 05/13/26 | House | Read second time (House Journal-page 125) |
| 05/13/26 | House | Roll call Yeas-112 Nays-0 (House Journal-page 126) |
| 05/14/26 | House | Read third time and returned to Senate with amendments (House Journal-page 12) |
| 05/14/26 | Senate | Concurred in House amendment and enrolled (Senate Journal-page 92) |
| 05/15/26 | Ratified R 236 | |
| 05/19/26 | Signed By Governor |