SC S1066 | 2009-2010 | 118th General Assembly
Status
Spectrum: Bipartisan Bill
Status: Engrossed on February 9 2010 - 50% progression, died in chamber
Action: 2010-05-25 - Roll call Yeas-64 Nays-35 HJ-145
Status: Engrossed on February 9 2010 - 50% progression, died in chamber
Action: 2010-05-25 - Roll call Yeas-64 Nays-35 HJ-145
Summary
A BILL TO AMEND CHAPTER 6, TITLE 12 OF THE 1976 CODE, BY ADDING SECTION 12-6-3595 TO PROVIDE A TAX CREDIT EQUAL TO ONE HUNDRED PERCENT OF AN AMOUNT CONTRIBUTED TO THE SOUTH CAROLINA EXISTING MANUFACTURERS' RETENTION AND GROWTH FUND, TO PROVIDE THAT THE CREDIT MAY NOT EXCEED FIVE HUNDRED THOUSAND DOLLARS FOR A SINGLE TAXPAYER AND NOT TO EXCEED AN AGGREGATE OF FOUR MILLION DOLLARS FOR EACH TAX YEAR, AND TO PROVIDE THE PROCESS AND REQUIREMENTS FOR CLAIMING THE CREDIT.
Title
By Adding Section 12-6-3595 To Provide A Tax Credit Equal To One Hundred Percent Of An Amount Contributed To The South Carolina Existing Manufacturers' Retention And Growth Fund, To Provide That The Credit May Not Exceed Five Hundred Thousand Dollars For A Single Taxpayer And Not To Exceed An Aggregate Of Four Million Dollars For Each Tax Year, And To Provide The Process And Requirements For Claiming The Credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-05-25 | Roll call Yeas-64 Nays-35 HJ-145 | |
| 2010-05-25 | Continued HJ-145 | |
| 2010-05-12 | Debate adjourned until Tuesday, May 18, 2010 HJ-70 | |
| 2010-05-12 | Requests for debate-Rep(s). Norman, Skelton, Bedingfield, Forrester, Ott, Herbkersman, Loftis, Allison, Parker, Owens, TR Young, Wylie, Brantley, Knight, GR Smith, Erickson, Hutto, Gilliard, R Brown, Hiott, Merrill, Clyburn, Hosey, Crawford, Sandifer, Edge, and Bowers HJ-21 | |
| 2010-05-11 | Debate adjourned until Wednesday, May 12, 2010 HJ-14 | |
| 2010-05-06 | Debate adjourned until Tuesday, May 11, 2010 HJ-23 | |
| 2010-05-05 | Debate adjourned HJ-27 | |
| 2010-05-04 | Debate adjourned until Wednesday, May 5, 2010 HJ-66 | |
| 2010-04-27 | Debate adjourned until Tuesday, May 4, 2010 HJ-50 | |
| 2010-04-22 | Debate adjourned until Tuesday, April 27, 2010 HJ-33 | |
| 2010-04-15 | Committee report: Favorable Ways and Means HJ-15 | |
| 2010-02-16 | Referred to Committee on Ways and Means HJ-10 | |
| 2010-02-16 | Introduced and read first time HJ-10 | |
| 2010-02-09 | Read third time and sent to House SJ-18 | |
| 2010-02-09 | Scrivener's error corrected | |
| 2010-02-04 | Read second time SJ-12 | |
| 2010-02-04 | Committee Amendment Adopted SJ-12 | |
| 2010-02-03 | Committee report: Favorable with amendment Finance SJ-34 | |
| 2010-01-20 | Referred to Committee on Finance SJ-3 | |
| 2010-01-20 | Introduced and read first time SJ-3 |
Code Citations
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=1066&session=118 |
