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S 0440 - Amends the SC Textiles Communities Revitalization Act

Tracking Level: Passed
Sponsor: Scott Talley
Last Action: 6/5/2019 - Act No. 50
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.
04.30.2019 The House Ways and Means Economic Development subcommittee gave this bill a favorable report.
03.12.2019 The Senate Finance Committee gave this bill a favorable report.
02.26.2019 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report as amended. The amendment only makes technical changes.
Summary of the bill as introduced: Amends the SC Textiles Communities Revitalization Act to clarify that a certain cap on rehabilitated expenses applies only to certain rehabilitated buildings on contiguous parcels.

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Session 123 - (2019-2020)Printer Friendly
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S*0440 (Rat #0070, Act #0050 of 2019) General Bill, By Talley and Reese
Similar (H 3682)
Summary: SC Textiles Communities Revitalization Act
    AN ACT TO AMEND SECTION 12-65-20, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS FOR THE SOUTH CAROLINA TEXTILES COMMUNITIES REVITALIZATION ACT, SO AS TO PROVIDE THAT A CERTAIN CAP ON REHABILITATION EXPENSES ONLY APPLIES TO CERTAIN REHABILITATED BUILDINGS ON CONTIGUOUS PARCELS; AND BY ADDING SECTION 12-67-170 SO AS TO PROVIDE FOR AN EXTENSION OF THE PLACED IN SERVICE DATE FOR A REHABILITATED ABANDONED BUILDING UNDER CERTAIN CIRCUMSTANCES. - ratified title
View full text          View Vote History          View Fiscal Impact
01/29/19Senate Introduced and read first time (Senate Journal-page 5)
01/29/19Senate Referred to Committee on Finance (Senate Journal-page 5)
03/12/19Senate Committee report: Favorable with amendment Finance (Senate Journal-page 47)
03/13/19 Scrivener's error corrected
03/14/19Senate Committee Amendment Adopted (Senate Journal-page 27)
03/14/19Senate Read second time (Senate Journal-page 27)
03/14/19Senate Roll call Ayes-38 Nays-0 (Senate Journal-page 27)
03/19/19Senate Read third time and sent to House (Senate Journal-page 12)
03/20/19House Introduced and read first time (House Journal-page 10)
03/20/19House Referred to Committee on Ways and Means (House Journal-page 10)
05/02/19House Committee report: Favorable Ways and Means (House Journal-page 12)
05/08/19House Amended (House Journal-page 120)
05/08/19House Read second time (House Journal-page 120)
05/08/19House Roll call Yeas-103 Nays-0 (House Journal-page 121)
05/09/19 Scrivener's error corrected
05/09/19House Read third time and returned to Senate with amendments (House Journal-page 130)
05/09/19Senate Concurred in House amendment and enrolled (Senate Journal-page 106)
05/13/19 Ratified R 70
05/16/19 Signed By Governor
05/31/19 Effective date See Act for Effective Date
06/05/19 Act No. 50


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