South Carolina House Bill 3130 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on January 12 2021 - 25% progression, died in committee
Action: 2021-04-07 - Member(s) request name added as sponsor: Davis
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Amend The Code Of Laws Of South Carolina, 1976, To Enact The "south Carolina Opportunity Zone Enhancement Act Of 2021" By Adding Section 12-6-3805 So As To Provide An Income Tax Credit To Taxpayers Investing In New Projects Located In An Opportunity Zone In This State; By Adding Section 12-6-3810, As Amended, So As To Allow A Taxpayer Eligible For A Federal Low-income Housing Tax Credit To Claim A Low-income State Tax Credit, If The Property Is Located In Designated Opportunity Zones In This State; To Amend Section 12-6-3360, As Amended, Relating To The Jobs Tax Credit, So As To Provide For An Additional Credit For Full-time Jobs Created In Tier Iii And Tier Iv Counties Within Designated Opportunity Zones; By Adding Article 27 To Chapter 36, Title 12 So As To Provide For A Sales Tax Rebate And Credit To A Grocery Store Vendor Which Locates A Store In An Opportunity Zone In An Area Which Is Defined As A "food Desert"; By Adding Section 13-1-35 So As To Provide That The Department Of Commerce Shall Establish A Grant Program To Provide Nonrecurring Aid To Taxpayers Investing In New Projects In A Designated Opportunity Zone In Tier Iii Or Tier Iv Counties On A Priority Basis; And By Adding Section 13-1-47 So As To Establish Within The Department Of Commerce A South Carolina Opportunity Zone Leadership Task Force And To Provide For Its Duties And Functions.

SC Opportunity Zone Enhancement Act of 2021

Rep. Marvin Pendarvis [D]

Rep. Ivory Thigpen [D]

Rep. Gilda Cobb-Hunter [D]

Rep. Sylleste Davis [R]

Date	Chamber	Action
2021-04-07	House	Member(s) request name added as sponsor: Davis
2021-01-12	House	Referred to Committee on Ways and Means
2021-01-12	House	Introduced and read first time
2020-12-09	House	Referred to Committee on Ways and Means
2020-12-09	House	Prefiled

Chapter	Article	Section	Citation Type	Statute Text
12	6	3360	(n/a)	See Bill Text
12	6	3805	(n/a)	See Bill Text
12	6	3810	(n/a)	See Bill Text
13	1	35	(n/a)	See Bill Text
13	1	47	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3130&session=124&summary=B
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/3130_20201209.htm