SC S1021 | 2023-2024 | 125th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on May 29 2024 - 100% progression
Action: 2024-05-29 - Act No. 169
Text: Latest bill text (Amended) [HTML]

Summary

Extend The Provisions Of The South Carolina Abandoned Buildings Revitalization Act To 2035; To Amend The South Carolina Code Of Laws By Amending Section 12-67-140, Relating To The Abandoned Buildings Tax Credit, So As To Increase The Amount Of The Maximum Tax Credit That May Be Earned; And By Adding Section 12-6-3810 So As To Provide For An Income Tax Credit Equal To Fifty Percent Of An Eligible Taxpayer's Qualified Railroad Reconstruction Or Replacement Expenditures, And To Provide For The Administration Of The Tax Credit. - Ratified Title

Tracking Information

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Title

Abandoned buildings tax credit

Sponsors


Roll Calls

2024-05-09 - House - House: Concur In Senate Amendments (Y: 104 N: 0 NV: 11 Abs: 9) [PASS]
2024-05-09 - Senate - Senate: To Adopt Amendment Number Rfh-1 (Y: 44 N: 0 NV: 0 Abs: 2) [PASS]
2024-05-08 - House - House: Passage Of Bill (Y: 98 N: 8 NV: 7 Abs: 11) [PASS]
2024-05-08 - House - House: Table Motion To Recur To The Morning Hour (Y: 93 N: 12 NV: 8 Abs: 11) [PASS]
2024-03-19 - Senate - Senate: 2nd Reading (Y: 42 N: 0 NV: 0 Abs: 3) [PASS]
2024-03-19 - Senate - Senate: 2nd Reading (Y: 42 N: 0 NV: 0 Abs: 3) [PASS]

History

DateChamberAction
2024-05-29 Act No. 169
2024-05-29 Effective date 05/20/24
2024-05-20 Signed By Governor
2024-05-15 Ratified R 197
2024-05-13 Scrivener's error corrected
2024-05-09HouseRoll call Yeas-104 Nays-0
2024-05-09HouseConcurred in Senate amendment and enrolled
2024-05-09SenateReturned to House with amendments
2024-05-09SenateRoll call Ayes-44 Nays-0
2024-05-09SenateHouse amendment amended
2024-05-09HouseRead third time and returned to Senate with amendments
2024-05-08HouseRoll call Yeas-98 Nays-8
2024-05-08HouseRead second time
2024-05-08HouseAmended
2024-05-07HouseDebate adjourned
2024-05-07HouseRequests for debate-Rep
2024-05-02HouseDebate adjourned until Tues., 5-7-24
2024-04-30 Scrivener's error corrected
2024-04-25HouseCommittee report: Favorable with amendment Ways and Means
2024-03-21HouseReferred to Committee on Ways and Means
2024-03-21HouseIntroduced and read first time
2024-03-20SenateRead third time and sent to House
2024-03-19SenateRoll call Ayes-42 Nays-0
2024-03-19SenateRead second time
2024-03-01 Scrivener's error corrected
2024-02-28SenateCommittee report: Favorable Finance
2024-02-06SenateReferred to Committee on Finance
2024-02-06SenateIntroduced and read first time

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1263810(n/a)See Bill Text
1267140(n/a)See Bill Text

South Carolina State Sources

TypeSource
Summaryhttps://www.scstatehouse.gov/billsearch.php?billnumbers=1021&session=125&summary=B
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240206.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240228.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240301.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240425.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240430.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240508.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240509.htm
Texthttps://www.scstatehouse.gov/sess125_2023-2024/prever/1021_20240513.htm
Supplementhttps://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/S1021%202024-02-06%20introduced.pdf
Supplementhttps://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/S1021%202024-02-20%20updated.pdf
Supplementhttps://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/S1021%202024-04-25%20amended.pdf
Supplementhttps://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/S1021%202024-05-20%20signed.pdf
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=24146
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=24150
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=24860
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=24861
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=24919
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=24939

Bill Comments

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