05.23.12 The House Ways and Means committee gave this bill a favorable report with amendments. The amendment requires mutual consent to any changes in the TIF agreement and allows Lexington County to put a  capital projects penny sales tax to the voters of the county.
05.16.12 The House Ways and Means Economic Development, Capital Improvement and Other Taxes subcommittee gave this bill a favorable report with amendments. The amendments are being drafted by House legislative staff and will be posted as soon as they are available.
03.27.12 The Senate Judiciary committee gave this bill a favorable report.
03.21.12 A Senate Judiciary subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Allows a municipality and one or more taxing entities to at any time provide by intergovernmental agreement that they shall participate in a redevelopment project on a partial and modified basis.