South Carolina Senate Bill 635 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 31 2022 - 100% progression
Action: 2022-05-31 - Act No. 172
Text: Latest bill text (Comm Sub) [HTML]

Amend Section 13-17-40, Code Of Laws Of South Carolina, 1976, Relating To Members Of The South Carolina Research Authority Board Of Trustees, So As To Provide That The Board Consists Of Certain University Presidents Or Their Designees, To Provide Certain Requirements For Designees, And To Provide That The Executive Committee Shall Elect An Additional Member Who Is Not Required To Be A Trustee At The Time Of His Election; To Amend Section 13-17-70, Relating To The Powers Of The Board Of Trustees, So As To Provide That The Board May Invest In Certain Obligations Of Private Entities; To Amend Section 13-17-87, Relating To The Establishment Of Research Innovation Centers, So As To Provide That The South Carolina Research Authority May Allow A Company To Remain In An Innovation Center For Up To Five Years Or Until Exceeding Five Million Dollars But Does Not Apply With Respect To Thirty-five Percent Of The Square Feet In An Innovation Center; And To Amend Section 12-6-3585, As Amended, Relating To The Industry Partnership Fund Tax Credit, So As To Provide That If The Aggregate Credit Amount Is Not Met In A Certain Timeframe Then The Single Taxpayer Maximum Credit Is Increased To One Million Dollars. - Ratified Title

SC Research Authority Board

Sen. Nikki Setzler [D]

Sen. John Scott [D]

2022-05-04 - House - House: Passage Of Bill (Y: 97 N: 11 NV: 4 Abs: 9) [PASS]
2021-04-14 - Senate - Senate: 2nd Reading (Y: 41 N: 0 NV: 4 Abs: 0) [PASS]

Date	Chamber	Action
2022-05-31		Act No. 172
2022-05-31		Effective date 05/16/22
2022-05-16		Signed By Governor
2022-05-12		Ratified R 173
2022-05-05	House	Read third time and enrolled
2022-05-04	House	Roll call Yeas-97 Nays-11
2022-05-04	House	Read second time
2022-04-28	House	Committee report: Favorable Ways and Means
2022-01-11	House	Referred to Committee on Ways and Means
2022-01-11	House	Recalled from Committee on Education and Public Works
2021-04-21	House	Referred to Committee on Education and Public Works
2021-04-21	House	Introduced and read first time
2021-04-20	Senate	Read third time and sent to House
2021-04-15		Scrivener's error corrected
2021-04-14	Senate	Roll call Ayes-41 Nays-0
2021-04-14	Senate	Read second time
2021-04-14	Senate	Amended
2021-04-14	Senate	Committee Amendment Adopted
2021-04-08	Senate	Committee report: Favorable with amendment Labor, Commerce and Industry
2021-03-02	Senate	Referred to Committee on Labor, Commerce and Industry
2021-03-02	Senate	Introduced and read first time

H3856 (Similar To) 2021-02-09 - Referred to Committee on Judiciary

Chapter	Article	Section	Citation Type	Statute Text
12	6	3585	(n/a)	See Bill Text
13	17	40	(n/a)	See Bill Text
13	17	70	(n/a)	See Bill Text
13	17	87	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=0635&session=124&summary=B
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/635_20210302.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/635_20210408.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/635_20210414.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/635_20210415.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/635_20220428.htm
Supplement	https://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/S0635%202021-03-02%20introduced.pdf
Supplement	https://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/S0635%202022-05-16%20signed.pdf
Roll Call	https://www.scstatehouse.gov/votehistory.php?KEY=19212
Roll Call	https://www.scstatehouse.gov/votehistory.php?KEY=21182