Bills Assigned to Keyword - Economic Development (12)

Date of Last Recorded Action: 4/26/2024


H 3013 Requires chief procurement officers to do life-cycle cost analysis for all public works construction projects04.15.2015 The House Ways and Means General Government, Personnel and Benefits subcommittee adjourned debate on this bill. Summary of the bill as introduced: Requires chief procurement officers of governmental bodies to do life-cycle cost analysis for all public works construction projects that are expected to cost more than $1 million. This bill also authorizes alternate infrastructure-type bidding procedures for public works construction projects.
Sponsor: Nathan Ballentine House Com: Senate Com:
Status: House - Member(s) request name added as sponsor: Felder, Bedingfield, Hamilton, Henderson Status Date: 2/24/2015
Keywords: Economic Development Finance/Revenue/Taxes
Of Interest
H 3049 SC Economic Development Tax Incentive Evaluation Act of 2014Summary of the bill as introduced: Requires the SC Department of Revenue to complete a study every four years to assess the impact, including both the economic benefits and financial cost, of economic development tax incentives.
Sponsor: Laurie Funderburk House Com: Senate Com:
Status: House - Member(s) request name added as sponsor: Thayer Status Date: 1/21/2015
Keywords: Economic Development
Of Interest
H 3113 Includes the cost of environmental remediation in property assembly costs04.22.2015 The House Ways and Means Committee gave this bill a favorable report.04.14.2015 The House Ways and Means Economic Development, Capital Improvement and Other Taxes subcommittee gave this bill a favorable report.Summary of the bill as introduced: Includes the cost of environmental remediation as a reimbursable expense in redevelopment projects.
Sponsor: Harold Mitchell House Com: Senate Com:
Status: Senate - Referred to Committee on Labor, Commerce and Industry Status Date: 4/29/2015
Keywords: Economic Development
Of Interest
H 3259 Reduces the minimum square footage requirement contained in the definition of eligible site04.22.2015 The House Ways and Means Committee gave this bill a favorable report. 04.14.2015 The House Ways and Means Economic Development, Capital Improvement and Other Taxes subcommittee gave this bill a favorable report.Summary of the bill as introduced: Reduces the minimum square footage requirement from 40,000 to 25,000 contained in the definition of eligible site under the South Carolina Retail Facilities Revitalization Act.
Sponsor: Leonidas Stavrinakis House Com: Senate Com:
Status: Senate - Referred to Committee on Finance Status Date: 4/29/2015
Keywords: Economic Development
Of Interest
H 3398 Terminates the SC Community Economic Development ActSummary of the bill as introduced: Terminates the provisions of the SC Community Economic Development Act and tax credits on June 30, 2020.
Sponsor: Gary Simrill House Com: Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 1/22/2015
Keywords: Economic Development
Of Interest
H 3580 SC Infrastructure and Economic Development Reform ActSummary of the bill as introduced: Makes changes to improve the state's infrastructure and roads including restructuring the DOT and increasing the gas tax.
Sponsor: Tommy Stringer House Com: Senate Com:
Status: House - Member(s) request name removed as sponsor: G.R.Smith, Bedingfield Status Date: 1/28/2016
Keywords: Economic Development
Of Interest
H 3687 Modifies the conditions and parties who are required to consent to industrial parksSummary of the bill as introduced: Clarifies that when an industrial or business park encompasses all or a portion of a municipality, the county has to get municipal approval or consent before modifying the Fee in Lieu agreement related that development.  
Sponsor: Mandy Norrell House Com: Senate Com:
Status: House - Referred to Committee on Ways and Means Status Date: 2/18/2015
Keywords: Economic Development
Of Interest
H 3837 SC New Market Jobs ActSummary of the bill as introduced: Provides a credit against insurance premium taxes and possible other state taxes made in certain investments by qualified community development entities.
Sponsor: Dwight Loftis House Com: Senate Com:
Status: Scrivener's error corrected Status Date: 3/20/2015
Keywords: Economic Development Finance/Revenue/Taxes
Of Interest
S 0322 South Carolina Workforce Participation Incentives ActSummary of the bill as introduced: Provides a tax credit for employers hiring a new full-time employee who was formerly unemployed.
Sponsor: George Campsen House Com: Senate Com:
Status: Senate - Referred to Committee on Finance Status Date: 1/13/2015
Keywords: Economic Development Employment/Personnel
Of Interest
S 0337 SC New Market Jobs Act05.12.2015 The Senate Finance Sales and Income Taxation subcommittee gave this bill a favorable report with an amendment. As soon as the amendment is available, it will be posted.Summary of the bill as introduced: Provides a credit against insurance premium taxes and possible other states taxes made in certain investments by qualified community development entities.
Sponsor: William Odell House Com: Senate Com:
Status: Senate - Committed to Committee on Finance Status Date: 1/28/2015
Keywords: Economic Development
Of Interest
S 0350 Terminates the provisions of the SC Community Economic Development Act05.20.2015 The House Ways and Means Committee gave this bill a favorable report.05.12.2015 The House Ways and Means Economic Development, Capital Improvement and Other Taxes subcommittee gave this bill a favorable report.Summary of the bill as introduced: Terminates the provisions of the SC Community Economic Development Act on June 30, 2020.
Sponsor: Paul Campbell House Com: Senate Com:
Status: Act No. 46 Status Date: 6/9/2015
Keywords: Economic Development
Passed
S 0389 Provides further definitions for Business Development Corporations05.14.2015 The House Labor, Commerce and Industry Committee gave this bill a favorable report.05.12.2015 bill a favorable report with an amendment. The amendment limits the area of operation to Federal Reserve Districts five and six only. The amendment limits the area of operation to Federal Reserve Districts five and six only. 03.25.2015 The Senate Banking and Insurance Committee gave this bill a favorable report.Summary of the bill as introduced: Outlines the way business development corporations are organized, regulated and permitted to operate.
Sponsor: Joel Lourie House Com: Senate Com:
Status: Act No. 60 Status Date: 6/12/2015
Keywords: Economic Development
Passed






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