Select a different bill



S 1120 - Limits the SC Housing Tax Credit

Tracking Level: Of Interest
Sponsor: Harvey Peeler (R)
Last Action: 4/7/2022 - Scrivener's error corrected
Senate Committee: Fin
House Committee: WM
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation
04.21.2022 The House Ways and Means Economic Development subcommittee gave this bill a favorable report.
03.29.2022 The Senate Finance Committee gave this bill a favorable report.
03.22.2022 The Senate Finance Natural Resources and Economic Development subcommittee gave this bill a favorable report.
03.16.2022 The Senate Finance Natural Resources and Economic Development subcommittee did not take action on this bill although it was on the agenda.
Summary of the bill as introduced: Limits the SC Housing Tax Credit.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
South Carolina Legislature Online - Bill Search by Bill Number
South Carolina Legislature



Instructions


 
Loading...
Session 124 - (2021-2022)Printer Friendly
(pdf format)
S 1120 General Bill, By Peeler and Alexander
Similar (H 5075)
Summary: Housing tax credit
    A BILL TO AMEND SECTION 12-6-3795, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA HOUSING TAX CREDIT, SO AS TO DEFINE TERMS AND LIMIT THE CREDIT; TO AMEND ARTICLE 3 OF CHAPTER 11, TITLE 1, RELATING TO THE ALLOCATION OF STATE CEILING ON ISSUANCE OF PRIVATE ACTIVITY BONDS, SO AS TO REQUIRE THE STATE FISCAL ACCOUNTABILITY AUTHORITY TO DEVELOP A STATE CEILING ALLOCATION PLAN ANNUALLY, TO SPECIFY REQUIREMENTS OF THE PLAN, AND TO PROVIDE A PROCESS FOR PERIODIC ALLOCATIONS OF THE STATE CEILING; AND TO REPEAL SECTION 1-11-370 RELATING TO INDEBTEDNESS INCLUDED WITHIN ANY LIMITS ON PRIVATE ACTIVITY BONDS.
View full text          View Vote History          View Fiscal Impact
03/03/22Senate Introduced and read first time (Senate Journal-page 3)
03/03/22Senate Referred to Committee on Finance (Senate Journal-page 3)
03/29/22Senate Committee report: Favorable with amendment Finance (Senate Journal-page 16)
03/30/22 Scrivener's error corrected
03/31/22Senate Read second time (Senate Journal-page 43)
04/06/22Senate Committee Amendment Adopted (Senate Journal-page 20)
04/06/22Senate Read third time and sent to House (Senate Journal-page 20)
04/06/22Senate Roll call Ayes-xxx Nays-xxx (Senate Journal-page 20)
04/07/22House Introduced and read first time
04/07/22House Referred to Committee on Ways and Means
04/07/22 Scrivener's error corrected


Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v








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