South Carolina General Assembly
110th Session, 1993-1994

Bill 3601

                    Current Status
Introducing Body:               House
Bill Number:                    3601
Ratification Number:            306
Act Number:                     298
Primary Sponsor:                Spearman
Type of Legislation:            GB
Subject:                        Jobs income tax credit
Date Bill Passed both Bodies:   19940125
Computer Document Number:       JIC/5433HC.93
Governor's Action:              S
Date of Governor's Action:      19940301
Introduced Date:                19930303
Last History Body:              ------
Last History Date:              19940301
Last History Type:              Signed by Governor
Scope of Legislation:           Statewide
All Sponsors:                   Spearman
                                White
                                McAbee
Type of Legislation:            General Bill
History

Bill   Body    Date          Action Description              CMN  Leg Involved
----   ------  ------------  ------------------------------  ---  ------------
3601   ------  19940301      Signed by Governor
3601   ------  19940301      Act No. 298
3601   ------  19940224      Ratified R 306
3601   Senate  19940125      Read third time, enrolled for
                             ratification
3601   Senate  19940120      Read second time
3601   Senate  19940119      Committee Report: Favorable     06
3601   Senate  19930513      Introduced, read first time,    06
                             referred to Committee
3601   House   19930512      Read third time, sent to
                             Senate
3601   House   19930511      Read second time
3601   House   19930506      Debate adjourned until
                             Tuesday, 19930511
3601   House   19930422      Committee Report: Favorable     30
3601   House   19930303      Introduced, read first time,    30
                             referred to Committee
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A298, R306, H3601)

AN ACT TO AMEND SECTION 12-7-1220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE TARGETED JOBS INCOME TAX CREDIT, SO AS TO PROVIDE THAT COUNTIES WITH A POPULATION LESS THAN TWENTY THOUSAND ACCORDING TO THE 1990 UNITED STATES CENSUS ARE CONSIDERED LESS DEVELOPED COUNTIES FOR PURPOSES OF THE CREDIT AMOUNT ALLOWED.

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

Less developed county

SECTION 1. Section 12-7-1220 of the 1976 Code, as last amended by Act 164 of 1993, is further amended by adding at the end:

"(K) Notwithstanding any other provision of this section, a county with a population under twenty thousand as determined by the 1990 United States Census is considered a less developed county for purposes of the credit allowed by this section."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Approved the 1st day of March, 1994.