South Carolina Senate Bill 728 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on June 9 2010 - 100% progression
Action: 2010-06-09 - Act No. 182

AN ACT TO AMEND SECTION 12-65-30, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ENTITLEMENT TO TAX CREDITS UNDER THE TEXTILES COMMUNITIES REVITALIZATION ACT, SO AS TO FURTHER PROVIDE FOR THE APPLICABILITY OF SPECIFIC REQUIREMENTS FOR TEXTILE MILL SITES ACQUIRED BEFORE AND AFTER 2007, TO REVISE THE ALLOWABLE AMOUNT OF THE CREDITS IN CERTAIN INSTANCES, TO PROVIDE THAT THE TAX CREDITS ALLOWED INCLUDE CREDITS AGAINST INSURANCE PREMIUM TAXES, TO MAKE A TECHNICAL CORRECTION, TO FURTHER PROVIDE FOR THE MANNER IN WHICH THESE CREDITS ARE VESTED IN A TAXPAYER AND MAY BE ALLOCATED TO PARTNERS OR MEMBERS, AND PROVIDE WHEN A TAXPAYER IS NOT ELIGIBLE FOR THE CREDITS; BY ADDING SECTION 12-65-50 SO AS TO PROVIDE TRANSITION RULES APPLICABLE TO SPECIFIC MILL SITES; BY ADDING SECTION 12-65-60 SO AS TO FURTHER PROVIDE FOR THE ELIGIBILITY CERTIFICATION PROCESS; TO AMEND SECTION 12-65-20, RELATING TO DEFINITIONS UNDER THE TEXTILE COMMUNITIES REVITALIZATION ACT, SO AS TO REVISE THE DEFINITION OF A "TEXTILE MILL"; AND TO AMEND SECTION 4-9-195, AS AMENDED, RELATING TO THE GRANT OF SPECIAL PROPERTY TAX ASSESSMENTS TO "REHABILITATED HISTORIC PROPERTY" OR "LOW AND MODERATE INCOME RENTAL PROPERTY", SO AS TO FURTHER PROVIDE FOR THE CIRCUMSTANCES WHEN THE PROPERTY BECOMES DISQUALIFIED FOR THE SPECIAL ASSESSMENT. - ratified title

Further Provide For The Circumstances When The Property Becomes Disqualified For The Special Assessment. - Ratified Title

Sen. Michael Fair [R]

Sen. Robert Ford [D]

Sen. Robert Hayes [R]

Date	Chamber	Action
2010-06-09		Act No. 182
2010-06-03		Effective date 05/28/10
2010-05-28		Signed By Governor
2010-05-25		Ratified R 221
2010-05-12		Concurred in House amendment and enrolled SJ-90
2010-05-07		Read third time and returned to Senate with amendments HJ-2
2010-05-06		Unanimous consent for third reading on next legislative day HJ-21
2010-05-06		Read second time HJ-20
2010-05-05		Debate adjourned until Tuesday, May 11, 2010 HJ-26
2010-05-04		Debate adjourned until Wednesday, May 5, 2010 HJ-64
2010-05-04		Amended HJ-64
2010-04-27		Debate adjourned until Tuesday, May 4, 2010 HJ-49
2010-04-22		Debate adjourned until Tuesday, April 27, 2010 HJ-33
2010-04-20		Scrivener's error corrected
2010-04-15		Committee report: Favorable with amendment Ways and Means HJ-15
2010-02-04		Referred to Committee on Ways and Means HJ-24
2010-02-04		Introduced and read first time HJ-24
2010-02-03		Read third time and sent to House SJ-38
2010-01-26		Read second time SJ-12
2010-01-21		Scrivener's error corrected
2010-01-20		Committee report: Favorable Finance SJ-7
2009-04-21		Referred to Committee on Finance SJ-8
2009-04-21		Introduced and read first time SJ-8

Chapter	Article	Section	Citation Type	Statute Text
12	65	20	(n/a)	See Bill Text
12	65	30	(n/a)	See Bill Text
12	65	50	(n/a)	See Bill Text
12	65	60	(n/a)	See Bill Text
4	9	195	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=728&session=118