Legislation Sponsored by Dwight A. Loftis (6)

Date of Last Recorded Action: 5/3/2024


H 3319 High Growth Small Business Job Creation Act of 2013 04.10.2013 The House Ways and Means Sales and Income Tax subcommittee carried this bill over. Members plan to use H3505 as the vehicle to pass this legislation.Summary of the bill as introduced: Creates state nonrefundable income tax credits for qualified investments in businesses meeting certain criteria and primarily engaged in manufacturing, processing, warehousing, wholesaling, software development, IT services, research and development.
Sponsor: Dwight A. Loftis House Com: WM Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/15/2013
Keywords: Economic Development Finance/Revenue/Taxes
Of Interest
H 3505 High Growth Small Business Access to Capital Act of 2013 05.30.2013 The Senate Finance committee gave this bill a favorable report with an amendment. The amedment adds the date of January 1 for the annual submission of data.04.17.2013 The House Ways and Means committee gave this bill a favorable report.Summary of the bill as introduced: Provides state nonrefundable income tax credits for qualified investments in businesses meeting certain criteria and primarily engaged in manufacturing, processing, warehousing, wholesaling, software development, IT services and research and development.
Sponsor: Dwight A. Loftis House Com: WM Senate Com: Fin
Status: Act No. 80 Status Date: 6/24/2013
Keywords: Economic Development
Passed
H 3774 Suspends certain government approval processes 04.18.2013 The House Agriculture, Natural Resources and Environmental Affairs committee gave this bill a favorable report as amended by the subcommittee.04.17.2013 The House Agriculture, Natural Resources and Environmental Affairs Environmental Affairs I subcommittee gave this bill a favorable report with an amendment. The amendment changes the beginning date from January 1, 2013 to December 31, 2012.Summary of the bill as introduced: Suspends the running of certain government approval affecting the development of real property within the state for the period beginning January 1, 2013, and ending December 31, 2017.
Sponsor: Dwight A. Loftis House Com: ANREA Senate Com: ANR
Status: Act No. 112 Status Date: 8/13/2013
Keywords: General Governance
Passed
H 3834 Allows an income tax credit for a solar energy system04.08.2014 The House Ways and Means committee gave this bill a favorable report as amended by the subcommittee.04.03.2014 The House Ways and Means Sales and Income Tax subcommittee gave this bill a favorable report with an amendment. The amendment strikes all of the bill and inserts the langauge from S329.Summary of the bill as introduced: Allows an income and other specified tax credit for 25 percent of the total cost of a solar energy system placed in service in 2013 through 2018. 
Sponsor: Dwight A. Loftis House Com: WM Senate Com:
Status: Senate - Referred to Committee on Finance Status Date: 4/30/2014
Keywords: Electric Utilities
Of Interest
H 4622 Establishes a procedure to remove elected officials from officeSummary of the bill as introduced: Amends the constitution to outline procedures for recalling and removing people holding elected public office at the state and local levels.
Sponsor: Dwight A. Loftis House Com: Senate Com:
Status: House - Referred to Committee on Judiciary Status Date: 2/6/2014
Keywords: General Governance
Of Interest
H 4799 SC Small Business Tax Incentives ActSummary of the bill as introduced: Allows various income tax deductions and credits for resident taxpayers for investment in qualified businesses in this state.
Sponsor: Dwight A. Loftis House Com: Senate Com:
Status: House - Member(s) request name added as sponsor: Stavrinakis Status Date: 3/4/2014
Keywords: Economic Development Finance/Revenue/Taxes
Of Interest







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