South Carolina General Assembly
124th Session, 2021-2022

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Indicates Matter Stricken
Indicates New Matter

S. 237

STATUS INFORMATION

General Bill
Sponsors: Senator Young
Document Path: l:\s-res\try\019job .sp.try.docx
Companion/Similar bill(s): 249

Introduced in the Senate on January 12, 2021
Currently residing in the Senate Committee on Finance

Summary: Job development credits

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   12/9/2020  Senate  Prefiled
   12/9/2020  Senate  Referred to Committee on Finance
   1/12/2021  Senate  Introduced and read first time (Senate Journal-page 230)
   1/12/2021  Senate  Referred to Committee on Finance 
                        (Senate Journal-page 230)

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/9/2020

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

A BILL

TO AMEND SECTION 12-10-80(C)(3) OF THE 1976 CODE, RELATING TO QUALIFIED EXPENDITURES FOR JOB DEVELOPMENT CREDITS, TO PROVIDE THAT SECURITY CLEARANCE COSTS ARE QUALIFIED EXPENDITURES.

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

SECTION    1.    Section 12-10-80(C)(3) of the 1976 Code is amended by adding:

    "(k)    security clearance costs, to include costs incurred by a qualifying business for:

        (i)    processing application requests for clearances for employees in the State;

        (ii)    maintaining, upgrading, or installing computer systems in the State required to obtain federal security clearances;

        (iii)    training employees in the State to administer the application process; and

        (iv)    acquiring, constructing, or equipping a sensitive compartmented information facility located in the State and constructed in accordance with the guidance established by the Office of the Director of National Intelligence as required by the federal government."

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

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This web page was last updated on January 21, 2021 at 1:26 PM