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S 1155 - Includes privately owned affordable housing projects within the definition of a redevelopment project

Tracking Level: Of Interest
Sponsor: Paul Campbell
Last Action: 3/11/2020 - Senate - Committed to Committee on Finance
Senate Committee: Fin
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Includes privately owned affordable housing projects within the definition of redevelopment projects for the purposes of tax increment financing.

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Session 123 - (2019-2020)Printer Friendly
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S 1155 General Bill, By Campbell
Summary: Tax increment financing projects
    A BILL TO AMEND SECTION 31-6-30, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TAX INCREMENT FINANCING PROJECTS, SO AS TO INCLUDE PRIVATELY OWNED AFFORDABLE HOUSING PROJECTS WITHIN THE DEFINITION OF REDEVELOPMENT PROJECT.
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03/10/20Senate Introduced and read first time (Senate Journal-page 6)
03/10/20Senate Referred to Committee on Labor, Commerce and Industry (Senate Journal-page 6)
03/11/20Senate Recalled from Committee on Labor, Commerce and Industry (Senate Journal-page 2)
03/11/20Senate Committed to Committee on Finance (Senate Journal-page 2)



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