SC S0951 | 2015-2016 | 121st General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-13 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-13 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relating To Income Tax Credits, To Establish A Tax Credit For The Construction Or Purchase Of Geothermal Machinery And Equipment Or Real Property That Is Placed In Service During The Taxable Year; To Place A Limitation Related To Claiming The Tax Credit; To Establish A Cap On The Aggregate Amount Of Tax Credits That May Be Claimed In Any Single Taxable Year; To Repeal The Tax Credit On January 1, 2019; And To Define Necessary Terms.
Title
Tax credits
Sponsors
| Sen. Ronnie Cromer [R] | Sen. Creighton Coleman [D] | Sen. Paul Campbell [R] | Sen. Raymond Cleary [R] |
| Sen. John Matthews [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-13 | Senate | Referred to Committee on Finance |
| 2016-01-13 | Senate | Introduced and read first time |
| 2015-12-09 | Senate | Referred to Committee on Finance |
| 2015-12-09 | Senate | Prefiled |
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=0951&session=121&summary=B |
| Text | https://www.scstatehouse.gov/sess121_2015-2016/prever/951_20151209.htm |
