South Carolina Senate Bill 1200 (Prior Session Legislation)

---

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on April 3 2014 - 25% progression, died in committee
Action: 2014-04-03 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Relating To Tax Credits For Making Qualified Rehabilitation Expenditures For Certified Historic Structures, To Clarify The Taxes And License Fees Against Which The Tax Credit May Be Taken, To Provide For A New Twenty-five Percent Tax Credit, To Provide For The Circumstances And Limitations Of The New Tax Credit, To Define State Owned Abandoned Building For The Purposes Of The Section, To Provide For The Time Period During Which A Tax Credit May Be Claimed For Work Performed In Connection With A State Owned Abandoned Building, To Provide That The Tax Credit May Be Assigned; To Amend Section 12-67-120 To Provide A Definition For State Owned Abandoned Building For The Purposes Of Chapter 67, Title 12; To Amend Section 12-67-140, To Include Insurance Premium Taxes As One Of The Taxes Against Which A Credit Can Be Claimed, To Provide For The Time Period In Which A Tax Credit May Be Taken, To Provide For An Exemption To The Value Limitations Of The Tax Credit For Work Done In Connection With A State Owned Abandoned Building, And To Remove A Limitation Related To The Amount A Taxpayer's Tax Liability May Be Reduced.

Tax credits for historic structures

Sen. Creighton Coleman [D]

Date	Chamber	Action
2014-04-03	Senate	Referred to Committee on Finance
2014-04-03	Senate	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
12	6	3535	(n/a)	See Bill Text
12	67	120	(n/a)	See Bill Text
12	67	140	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1200&session=120&summary=B
Text	https://www.scstatehouse.gov/sess120_2013-2014/prever/1200_20140403.htm