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S 0309 - Increases the aggregate annual Industry Partnership Fund Tax credit amount

Tracking Level: Of Interest
Sponsor: Nikki Setzler (D)
Last Action: 5/9/2019 - House - Conference committee appointed Simrill, Pope, Rutherford
Senate Committee: Fin
House Committee: WM
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

04.30.2019 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.
04.30.2019 The House Ways and Means Economic Development subcommittee gave the bill a favorable report as amended. The amendment replaces all of the language in the bill with language from H4243, the bill that amends the job tax credit law to include professional sports teams. 
Summary of the bill as introduced: Increases the aggregate annual Industry Partnership Fund Tax credit amount.


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Session 123 - (2019-2020)Printer Friendly
(pdf format)
S 0309 General Bill, By Setzler, Campbell and Williams
Similar (S 0655, H 4243)
Summary: Industry Partnership Fund tax credit
    TO AMEND SECTION 12 6 3360, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE JOB TAX CREDIT, SO AS TO PROVIDE FOR A PROFESSIONAL SPORTS TEAM; TO AMEND SECTION 4 9 30, RELATING TO THE DESIGNATION OF POWERS UNDER THE ALTERNATE FORMS OF GOVERNMENT, SO AS TO PROHIBIT THE LEVY OF COUNTY LICENSE FEES AND TAXES ON A PROFESSIONAL SPORTS TEAM; TO AMEND SECTION 5 7 30, RELATING TO POWERS OF A MUNICIPALITY, SO AS TO PROHIBIT THE LEVY OF A BUSINESS LICENSE TAX ON A PROFESSIONAL SPORTS TEAM; AND BY ADDING SECTION 5 3 20 SO AS TO PROVIDE THAT THE REAL PROPERTY OWNED BY A PROFESSIONAL SPORTS TEAM MAY NOT BE ANNEXED BY A MUNICIPALITY WITHOUT PRIOR WRITTEN CONSENT OF THE PROFESSIONAL SPORTS TEAM.
View full text          View Vote History          View Fiscal Impact
01/08/19Senate Introduced and read first time (Senate Journal-page 178)
01/08/19Senate Referred to Committee on Finance (Senate Journal-page 178)
01/16/19Senate Committee report: Favorable Finance (Senate Journal-page 8)
01/24/19Senate Read second time (Senate Journal-page 28)
02/05/19Senate Amended (Senate Journal-page 15)
02/13/19Senate Read third time and sent to House (Senate Journal-page 14)
02/13/19Senate Roll call Ayes-30 Nays-10 (Senate Journal-page 14)
02/14/19House Introduced and read first time (House Journal-page 2)
02/14/19House Referred to Committee on Ways and Means (House Journal-page 2)
05/02/19House Committee report: Favorable with amendment Ways and Means (House Journal-page 9)
05/08/19House Amended (House Journal-page 93)
05/08/19House Requests for debate-Rep(s). Hill (House Journal-page 93)
05/08/19House Read second time (House Journal-page 93)
05/08/19House Roll call Yeas-73 Nays-23 (House Journal-page 102)
05/09/19House Read third time and returned to Senate with amendments (House Journal-page 8)
05/09/19Senate House amendment amended (Senate Journal-page 77)
05/09/19House Non-concurrence in Senate amendment (House Journal-page 155)
05/09/19House Roll call Yeas-0 Nays-107 (House Journal-page 155)
05/09/19Senate Senate insists upon amendment and conference committee appointed Gregory, Climer. Harpootlian (Senate Journal-page 83)
05/09/19House Conference committee appointed Simrill, Pope, Rutherford (House Journal-page 203)


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