Bill Text: SC H4615 | 2025-2026 | 126th General Assembly | Introduced


Bill Title: Economic Development Incentives

Sponsorship: Partisan Bill (Republican 4)

Status: (Introduced) 2026-01-20 - Member(s) request name added as sponsor: White [H4615 Detail]

Download: South_Carolina-2025-H4615-Introduced.html
2025-2026 Bill 4615 Text of Previous Version (Dec. 17, 2025) - South Carolina Legislature Online

South Carolina General Assembly
126th Session, 2025-2026

Bill 4615


Indicates Matter Stricken
Indicates New Matter


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

 

 

 

 

 

 

 

 

A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 11-1-130 SO AS TO PROVIDE THAT AN ENTITY THAT HIRES OR EMPLOYS CERTAIN INDIVIDUALS WITH CERTAIN VISAS MAY NOT RECEIVE ANY STATE ECONOMIC DEVELOPMENT INCENTIVES.

 

Be it enacted by the General Assembly of the State of South Carolina:

 

SECTION 1.  Chapter 1, Title 11 of the S.C. Code is amended by adding:

 

    Section 11-1-130.  An entity that hires or employs an individual that is located in the United States with an H-1B or Optional Practical Training (OPT) visa may not receive any state economic development incentives. State economic development incentives include, but are not limited to, job or employee tax credits, general business tax credits, infrastructure credits, property rehabilitation and housing credits, conservation credits, energy conservation and alternative energy credits, sales tax exemptions, property tax exemptions, and fee in lieu of property tax agreements.

 

SECTION 2.  This act takes effect on July 1, 2027.

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This web page was last updated on December 17, 2025 at 01:41 PM

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