An Act to Extend the Provisions of the South Carolina Abandoned Buildings Revitalization Act as Contained in Chapter 67, Title 12 of the 1976 Code Until December 31, 2021; to Amend Section 12-67-140, Code of Laws of South Carolina, 1976, Relating to the Tax Credit for Revitalizing an Abandoned Building, So as to Specify the Manner in Which Certain Buildings May Be Subdivided; to Amend Section 12-65-20, Relating to the South Carolina Textiles Communities Revitalization Act, So as to Modify Certain Definitions; to Amend Section 12-6-50, Relating to Sections of the Internal Revenue Code Specifically Not Adopted by This State, So as to Remove the Alternative Tax on Qualifying Shipping Activities; to Amend Section 12-6-1110, Relating to Modifications of Income, So as to Make a Conforming Change; to Amend Sections 12-67-140 and 12-6-3535, Relating to the Tax Credit for Rehabilitating an Abandoned Building or a Certified Historic Structure, Respectively, So as to Specify the Manner in Which Unused Credit May Be Carried Forward and Allocated; by Adding Section 12-6-3378 So as to Allow a Tax Credit to an Agribusiness Operation or an Agricultural Packaging Operation That Increases Its Purchases of Agricultural Products Which Have Been Certified as South Carolina Grown, and to Specify the Manner in Which the Credit Is Administered; to Amend Section 12-10-80, Relating to the Jobs Development Credit, So as to Make Certain Qualifying Service-related Facilities Eligible for the Credit; to Amend Section 12-6-2295, Relating to Items Included and Excluded from the Terms "Sales" and "Gross Receipts", So as to Provide That Receipts from the Provision of Direct Broadcast Satellite Service Are Attributable to This State in Pro Rata Proportion of the Costs of Performing the Service; to Amend Section 12-60-30, Relating to South Carolina Revenue Procedures Definitions, So as to Provide Additional Definitions; to Amend Section 12-60-450, Relating to Appeals of Proposed Assessments, So as to
It was vetoed on Oct 9, 2018.
- Stage
- Vetoed
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Oct 9, 2018
Where it stands
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Needs attention)
This bill failed and is no longer moving.
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