South Carolina General Assembly
115th Session, 2003-2004

Download This Bill in Microsoft Word format

Indicates Matter Stricken
Indicates New Matter

H. 5118

STATUS INFORMATION

General Bill
Sponsors: Rep. W.D. Smith
Document Path: l:\council\bills\gjk\21177sd04.doc
Companion/Similar bill(s): 1026

Introduced in the House on April 14, 2004
Currently residing in the House Committee on Ways and Means

Summary: Income tax credits for historic structure rehabilitation expenditures

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   4/14/2004  House   Introduced and read first time HJ-71
   4/14/2004  House   Referred to Committee on Ways and Means HJ-71

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

4/14/2004

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 12-6-3535, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INCOME TAX CREDITS FOR MAKING QUALIFIED REHABILITATION EXPENDITURES FOR A CERTIFIED HISTORIC STRUCTURE, SO AS TO EXPAND THE TYPES OF INCOME TAXES OR LICENSE FEES OR TAXES TO WHICH THESE CREDITS APPLY AND TO FURTHER PROVIDE FOR THE MANNER IN WHICH THE CREDITS EARNED MAY BE PASSED THROUGH TO PARTNERS OR SHAREHOLDERS AND ALLOCATED AMONG PARTNERS.

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

SECTION    1.    A.        Section 12-6-3535(A) of the 1976 Code, as last amended by Act 69 of 2003, is further amended to read:

B.        Section 12-6-3535(C) of the 1976 Code, as last amended by Act 69 of 2003, is further amended to read:

SECTION    2.    The provisions of Section 1 of this act apply for any taxable years beginning on or after January 1, 2004.

----XX----

This web page was last updated on Monday, December 7, 2009 at 10:41 A.M.