Bills Assigned to Keyword - Economic Development (8)
Date of Last Recorded Action: 4/18/2024
H 3062
H 3062
Passes the Permit Extension Joint Resolution of 2021
Summary of the bill as introduced: Extends the ability to keep working on a permitted building project through December 31, 2024.
Sponsor:
William Bailey
House Com:
Judy
Senate Com:
Status: House - Referred to Committee on Judiciary
Status Date: 1/12/2021
Keywords:
Building Codes
Economic Development
House
Of Interest
H 3130
Enacts the South Carolina Opportunity Zone Enhancement Act of 2021
Summary of the bill as introduced: Creates new income tax credits to taxpayers investing in new projects located in Opportunity Zones.
Sponsor:
Marvin Pendarvis
House Com:
WM
Senate Com:
Status: House - Member(s) request name added as sponsor: Davis
Status Date: 4/7/2021
Keywords:
Economic Development
House
Of Interest
H 3133
Enacts the South Carolina Economic Development Tax Incentive Evaluation Act
Summary of the bill as introduced: Requires the SC Department of Revenue to complete a study every two years to assess the economic and financial impact of economic development tax incentives.
Sponsor:
Marvin Pendarvis
House Com:
WM
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 1/12/2021
Keywords:
Economic Development
House
Of Interest
H 3340
Increases the maximum annual credit amount for infrastructure and economic development projects
05.03.2022 The Senate Finance Committee gave this bill a favorable report as amended. The amendment only makes technical changes. 04.27.2022 The Senate Finance Natural Resources and Economic Development subcommittee gave this bill a favorable report as amended. The amendment only made technical amendments.03.31.2022 The House Ways and Means Committee gave this bill a favorable report as amended. The amendment only corrects a technical error.Summary of the bill as introduced: Increases the maximum annual state license credits allowed taxpayers for contributions to qualifying infrastructure and economic development projects from $400,000 to $600,000.
Sponsor:
William Bailey
House Com:
WM
Senate Com:
Fin
Status: Act No. 184
Status Date: 5/31/2022
Keywords:
Economic Development
Finance/Revenue/Taxes
House
Of Interest
H 3559
Partnership for Public Facilities and Infrastructure Act
Summary of the bill as introduced: Set forth a method by which a private entity and a public entity may work together to develop and operate certain projects.
Sponsor:
JA Moore
House Com:
WM
Senate Com:
Status: Scrivener's error corrected
Status Date: 1/26/2021
Keywords:
Economic Development
House
Of Interest
H 3607
Allows for the issuance of bonds to defray the cost of infrastructure for certain economic development projects
Summary of the bill as introduced: Allows for the issuance of bonds to defray the cost of infrastructure for certain economic development projects.
Sponsor:
James Lucas
House Com:
WM
Senate Com:
Status: House - Recommitted to Committee on Ways and Means
Status Date: 1/27/2021
Keywords:
Economic Development
Of Interest
S 0017
Permit Extension Joint Resolution of 2021
04.28.2022 The House Ways and Means Committee gave this bill a favorable report.04.26.2022 The House Ways and Means General Government subcommittee gave this bill a favorable report.02.22.2022 The Senate Judiciary Committee gave this bill a favorable report as amended. The amendment strikes two sections of the bill and "unit of local government" from the bill removing all language pertaining to municipal permitting. 02.22.2022 A Senate Judiciary subcommittee gave this bill a favorable report as amended. The amendment moves the start dates from 01.01.2018 to 01.01.2020 to align with the start of the pandemic.04.07.2021 A Senate Judiciary subcommittee carried this bill over.Summary of the bill as introduced: Extends certain government approvals affecting economic development.
Sponsor:
Luke Rankin
House Com:
WM
Senate Com:
Judy
Status: House - Roll call Yeas-102 Nays-0
Status Date: 6/15/2022
Keywords:
Economic Development
Senate
Of Interest
S 0443
Allows for the issuance of bonds to defray the cost of infrastructure for certain economic development projects
01.28.2021 The Senate Finance Natural Resources and Economic Development subcommittee carried this bill over.Summary of the bill as introduced: Allows for the issuance of bonds to defray the cost of infrastructure for certain economic development projects.
Sponsor:
Hugh Leatherman
House Com:
Senate Com:
Fin
Status: Senate - Referred to Committee on Finance
Status Date: 1/12/2021
Keywords:
Economic Development
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
