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S 1043 - Extends the South Carolina Abandoned Buildings Revitalization Act until December 31, 2025

Tracking Level: Priority
Sponsor: Ross Turner (R)
Last Action: 7/3/2018 - Vetoed by Governor
Senate Committee: Fin
Assigned To:
Finance/Revenue/TaxesNext Bill
Week of 02.19.2018Next Bill
Week of 03.26.2018Next Bill
Week of 04.23.2018Next Bill

Staff Analysis of the Legislation

04.24.2018 The Senate Finance Committee gave this bill a favorable report as amended. The amendment extends the tax credit until 2021 and establishes credit limits for certain building sites that qualify for the tax credit.
03.29.2018 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report as amended. The amendment extends the tax for two years until 2021.
Summary of the bill as introduced: Extends the South Carolina Abandoned Buildings Revitalization Act until December 31, 2025.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc