Current Status Introducing Body:
SenateBill Number: 870Primary Sponsor: MartschinkCommittee Number: 06Type of Legislation: GBSubject: Jobs tax credit, agricultural-relatedResiding Body: SenateCurrent Committee: FinanceCompanion Bill Number: 3779Computer Document Number: CYY/18459.SDIntroduced Date: Apr 10, 1991Last History Body: SenateLast History Date: Apr 10, 1991Last History Type: Introduced, read first time, referred to CommitteeScope of Legislation: StatewideAll Sponsors: Martschink Waddell Passailaigue Fielding Hinds McGillType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 870 Senate Apr 10, 1991 Introduced, read first time, 06 referred to CommitteeView additional legislative information at the LPITS web site.
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.