SC S0526 | 2023-2024 | 125th General Assembly

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-02-09 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend The South Carolina Code Of Laws By Enacting The "livable Homes Tax Credit Act"; And By Adding Section 12-6-3810 So As To Provide For An Individual Income Tax Credit To An Individual Who Purchases A New Residence Or Retrofits An Existing Residence, Provided That The New Residence Or The Retrofitting Of The Existing Residence Is Designed To Improve Accessibility, To Provide A Cumulative Total For Which The Credit May Not Exceed, To Provide Certain Design Element Requirements And Eligible Costs, And To Provide A Maximum Amount Of Tax Credits That May Be Granted In Each Income Tax Year.

Tracking Information

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Title

Livable Homes Tax Credit

Sponsors


History

DateChamberAction
2023-02-09SenateReferred to Committee on Finance
2023-02-09SenateIntroduced and read first time

Same As/Similar To

H4065 (Similar To) 2023-03-07 - Member(s) request name added as sponsor: Wetmore

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1263810(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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