South Carolina Senate Bill 1189 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on March 23 2022 - 25% progression, died in committee
Action: 2022-03-23 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Amend Section 12-20-105(e) And (f) Of The 1976 Code, Relating To State License Tax Credits Allowed Certain Taxpayers For Contributions To Qualifying Infrastructure And Economic Development Projects, To Increase The Maximum Annual Credit Amount From Four Hundred Thousand To Six Hundred Thousand Dollars, To Provide Additional Annual Credit Amounts Of Fifty Thousand Dollars, One Hundred Thousand Dollars, And One Hundred Fifty Thousand Dollars, Respectively, For Qualifying Projects Located In Counties Classified For The Targeted Jobs Tax Credit As Tier Ii, Iii, And Iv Counties, To Provide Additional Eligibility Requirements For These Increased Credit Amounts, And To Allow Unused Credits To Be Carried Forward To The Three Succeeding Tax Years.

License tax credits allowed for contributions to qualifying infrastructure and development projects

Sen. Stephen Goldfinch [R]

Sen. Michael Gambrell [R]

Date	Chamber	Action
2022-03-23	Senate	Referred to Committee on Finance
2022-03-23	Senate	Introduced and read first time

H3340 (Similar To) 2022-05-31 - Act No. 184

Chapter	Article	Section	Citation Type	Statute Text
12	20	105	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1189&session=124&summary=B
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/1189_20220323.htm