SC S0526 | 2023-2024 | 125th General Assembly
Status
Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 9 2023 - 25% progression, died in committee
Action: 2023-02-09 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2023 - 25% progression, died in committee
Action: 2023-02-09 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The South Carolina Code Of Laws By Enacting The "livable Homes Tax Credit Act"; And By Adding Section 12-6-3810 So As To Provide For An Individual Income Tax Credit To An Individual Who Purchases A New Residence Or Retrofits An Existing Residence, Provided That The New Residence Or The Retrofitting Of The Existing Residence Is Designed To Improve Accessibility, To Provide A Cumulative Total For Which The Credit May Not Exceed, To Provide Certain Design Element Requirements And Eligible Costs, And To Provide A Maximum Amount Of Tax Credits That May Be Granted In Each Income Tax Year.
Title
Livable Homes Tax Credit
Sponsors
Sen. Stephen Goldfinch [R] | Sen. Luke Rankin [R] | Sen. Thomas Young [R] | Sen. Scott Talley [R] |
Sen. Thomas Davis [R] | Sen. Michael Gambrell [R] |
History
Date | Chamber | Action |
---|---|---|
2023-02-09 | Senate | Referred to Committee on Finance |
2023-02-09 | Senate | Introduced and read first time |
Same As/Similar To
H4065 (Similar To) 2023-03-07 - Member(s) request name added as sponsor: Wetmore
Code Citations
South Carolina State Sources
Type | Source |
---|---|
Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=0526&session=125&summary=B |
Text | https://www.scstatehouse.gov/sess125_2023-2024/prever/526_20230209.htm |