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S 0440 - Amends the SC Textiles Communities Revitalization Act

Tracking Level: Of Interest
Sponsor: Scott Talley
Last Action: 5/16/2019 - Signed By Governor
Senate Committee: Fin
House Committee: WM
Assigned To:
Finance/Revenue/TaxesNext Bill
Week of 01.28.2019Next Bill
Week of 02.25.2019Next Bill
Week of 03.11.2019Next Bill
Week of 04.29.2019Next 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) 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
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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



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