H 3779 General Bill, By R.A. Barber, M.O. Alexander, R.L. Altman, J.J. Bailey, 
D.W. Beatty, R.S. Corning, T.L. Farr, R.C. Fulmer, S.E. Gonzales, H.M. Hallman, 
D.N. Holt, W.P. Keesley, K.G. Kempe, S.G. Manly, L.M. Martin, J.G. Mattos, 
Neilson, Phillips, Quinn, J. Rama, J.J. Snow, C.L. Sturkie, D.A. Wright and 
R.M. Young
 A Bill to amend Section 12-7-1220, Code of Laws of South Carolina, 1976,
 relating to the jobs tax credit, so as to revise the definition of a
 processing facility to include those establishments engaged in
 agricultural-related services.

   04/04/91  House  Introduced and read first time HJ-6
   04/04/91  House  Referred to Committee on Ways and Means HJ-6

A BILL

TO AMEND SECTION 12-7-1220, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE JOBS TAX CREDIT, SO AS TO REVISE THE DEFINITION OF A PROCESSING FACILITY TO INCLUDE THOSE ESTABLISHMENTS ENGAGED IN AGRICULTURAL-RELATED SERVICES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 12-7-1220(H)(5) of the 1976 Code is amended to read:

"(5) `Processing facility' means an establishment engaged in services such as manufacturing-related, agricultural-related, computer-related, communications-related, energy-related, or transportation-related services, but the term `processing facility' does not include an establishment where retail merchandise or retail services are sold directly to retail customers."

SECTION 2. The provisions of Section 12-7-1220(H)(5) of the 1976 Code, as amended by the provisions of Section 1 of this act, are effective for tax years beginning after December 31, 1990.

SECTION 3. This act takes effect upon approval by the Governor.