SC S0390 | 2019-2020 | 123rd General Assembly
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 22 2019 - 25% progression, died in committee
Action: 2019-01-22 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 22 2019 - 25% progression, died in committee
Action: 2019-01-22 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The Code Of Laws Of South Carolina, 1976, By Adding Section 12-6-3800 So As To Provide For Tax Credits Or Rebates Against Various Types Of Taxes Imposed Under State Law For Eligible Taxpayers Equal To Twenty Percent Of New Tax Revenue Paid By These Taxpayers If They Have Made A Qualifying Capital Investment At Their Business Location Where This Additional Tax Revenue Was Generated, And To Provide Procedures For And Limitations On These Tax Credits Or Rebates.
Title
Income tax credits
Sponsors
| Sen. Rex Rice [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-22 | Senate | Referred to Committee on Finance |
| 2019-01-22 | Senate | Introduced and read first time |
Code Citations
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=0390&session=123&summary=B |
| Text | https://www.scstatehouse.gov/sess123_2019-2020/prever/390_20190122.htm |
