South Carolina Senate Bill 694

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 29 2023 - 25% progression, died in committee
Action: 2023-03-29 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Amend The South Carolina Code Of Laws By Amending Section 12-6-3460, Relating To Definitions For The South Carolina Income Tax Act, So As To Provide That The Minimum Level Of Investment For A Qualified Recycling Facility Must Be At Least One Hundred Million Dollars And To Provide That Batteries, Solar Panels, Turbines, And Related Structures May Be Defined As Postconsumer Waste Material; And By Amending Section 12-6-3360, Relating To Job Tax Credits So As To Incentivize Eligible Businesses To Conduct Business In Or Expand To This State For The Purpose Of Production Of Various Technologies.

Qualified Recycling

Sen. Scott Talley [R]

Date	Chamber	Action
2023-03-29	Senate	Referred to Committee on Finance
2023-03-29	Senate	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
12	6	3360	(n/a)	See Bill Text
12	6	3460	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=0694&session=125&summary=B
Text	https://www.scstatehouse.gov/sess125_2023-2024/prever/694_20230329.htm