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Indicates New Matter
S. 969
STATUS INFORMATION
General Bill
Sponsors: Senator Cromer
Document Path: l:\council\bills\dka\3133sa18.docx
Companion/Similar bill(s): 4872
Introduced in the Senate on February 7, 2018
Currently residing in the Senate Committee on Labor, Commerce and Industry
Summary: Federal housing tax credit
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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2/7/2018 Senate Introduced and read first time (Senate Journal-page 24)
2/7/2018 Senate Referred to Committee on Labor, Commerce and Industry
(Senate Journal-page 24)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 31-13-100 SO AS TO PROVIDE THAT THE BOARD OF COMMISSIONERS SHALL INFORM THE APPROPRIATE LOCAL GOVERNING BODY BEFORE EVALUATING AN APPLICATION FOR A FEDERAL HOUSING TAX CREDIT AND THE APPLICABLE LOCAL GOVERNING BODY SHALL APPOINT NINE MEMBERS TO A LOCAL GOVERNMENT COMMISSION TO VOTE WITH THE BOARD ON THE APPLICATION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 13, Title 31 of the 1976 Code is amended by adding:
"Section 31-13-100. Before evaluating an application for a federal housing tax credit, pursuant to 26 U.S.C. Section 42, the board of commissioners shall inform the appropriate local governing body in which the proposed development is being considered of the application. The appropriate local governing body shall appoint nine members who are residents of that local governing body to a local government commission to vote with the board on the status of the application. The board may schedule meetings with the local government commission before the vote. Each member of the board of commissioners and the local government commission are entitled to one vote. For purposes of this section, if a proposed development is being considered in an incorporated area of the county, then the appropriate local governing body is the city council. If the proposed development is in an unincorporated area of the county then the appropriate local governing body is the county council. Nothing in this section may be construed to alter or amend the eligibility requirements, application process, or administration of the federal housing tax credit."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
February 9, 2018 at 4:24 PM