Bill Text: SC H3210 | 2019-2020 | 123rd General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: CARES Act

Spectrum: Moderate Partisan Bill (Republican 29-4)

Status: (Passed) 2020-10-02 - Act No. 154 [H3210 Detail]

Download: South_Carolina-2019-H3210-Introduced.html

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A BILL

TO AMEND ACT 80 OF 2013, RELATING TO THE HIGH GROWTH SMALL BUSINESS JOB CREATION ACT, SO AS TO REAUTHORIZE THE ACT FOR AN ADDITIONAL SIX YEARS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 1.B. of Act 80 of 2013 is amended to read:

"B.    The provisions of Chapter 44, Title 11, contained in this act are repealed on December 31, 2019 2025. Any carry forward credits shall continue to be allowed until the ten year time period in Section 11-44-40(B) is completed."

SECTION    2.    This act takes effect upon approval by the Governor.