S 0897 General Bill, By Ritchie and Bryant
Summary: Entrepreneurial Success Fund Act
    A BILL TO AMEND TITLE 41 OF THE 1976 CODE, BY ADDING CHAPTER 46 TO PROVIDE FOR THE SOUTH CAROLINA ENTREPRENEURIAL SUCCESS FUND ACT, TO PROVIDE DEFINITIONS, TO PROVIDE A STATE INCOME TAX CREDIT FOR QUALIFIED INVESTMENTS IN A FUND, TO PROVIDE FOR THE AMOUNT OF ANNUAL AVAILABLE CREDIT, TO DETERMINE THE AMOUNT OF A TAXPAYER'S CREDIT, TO PROVIDE FOR THE FORMATION OF A FUND, TO PROVIDE THAT THE PURPOSE OF A FUND IS TO MAKE SEED CAPITAL INVESTMENTS IN HIGH GROWTH ORIENTED BUSINESSES, AND TO PROVIDE REPORTING REQUIREMENTS.
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12/12/07	Senate	Prefiled
12/12/07	Senate	Referred to Committee on Labor, Commerce and Industry
01/08/08	Senate	Introduced and read first time SJ-51
01/08/08	Senate	Referred to Committee on Labor, Commerce and Industry SJ-51
03/12/08	Senate	Recalled from Committee on Labor, Commerce and Industry SJ-3
03/12/08	Senate	Committed to Committee on Finance SJ-3