SC H3856 | 2021-2022 | 124th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2021 - 25% progression, died in committee
Action: 2021-02-09 - Referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend Section 13-17-40, Code Of Laws Of South Carolina, 1976, Relating To Members Of The South Carolina Research Authority Board Of Trustees, So As To Provide That The Board Consists Of Certain University Presidents Or Their Designees, To Provide Certain Requirements For Designees, And To Provide That The Executive Committee Shall Elect Two Additional Members Who Are Not Required To Be Trustees At The Time Of Their Election; To Amend Section 13-17-70, Relating To The Powers Of The Board Of Trustees, So As To Provide That The Board May Invest In Certain Obligations Of Private Entities; To Amend Section 13-17-87, Relating To The Establishment Of Research Innovation Centers, So As To Provide That The South Carolina Research Authority May Allow A Company To Remain In An Innovation Center For Up To Five Years Or Until Exceeding Five Million Dollars But Does Not Apply With Respect To Thirty-five Percent Of The Square Feet In An Innovation Center; And To Amend Section 12-6-3585, As Amended, Relating To The Industry Partnership Fund Tax Credit, So As To Provide That If The Aggregate Credit Amount Is Not Met In A Certain Timeframe Then The Single Taxpayer Maximum Credit Is Increased To One Million Dollars.

Tracking Information

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Title

SC research authority board; industry partnership fund tax credit

Sponsors


History

DateChamberAction
2021-02-09HouseReferred to Committee on Judiciary
2021-02-09HouseIntroduced and read first time

Same As/Similar To

S0635 (Similar To) 2022-05-31 - Act No. 172

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1263585(n/a)See Bill Text
131740(n/a)See Bill Text
131770(n/a)See Bill Text
131787(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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