H 3270 General Bill, By Loftis, Stringer, G.R. Smith, Hamilton, Bingham, Henderson, Young, Butler Garrick and Erickson
Similar (S 0460, H 3044)
Summary: Angel Investment Act
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 44 TO TITLE 11 SO AS TO ENACT THE "SOUTH CAROLINA ANGEL INVESTMENT ACT OF 2011" BY PROVIDING FOR STATE NONREFUNDABLE INCOME TAX CREDITS ALLOCATED BY THE DEPARTMENT OF COMMERCE FOR QUALIFIED INVESTMENTS IN BUSINESSES MEETING CERTAIN CRITERIA AND PRIMARILY ENGAGED IN MANUFACTURING, PROCESSING, WAREHOUSING, WHOLESALING, SOFTWARE DEVELOPMENT, INFORMATION TECHNOLOGY SERVICES, RESEARCH AND DEVELOPMENT OR OTHER NONPROHIBITED SERVICES, TO ESTABLISH THE CRITERIA AND PROCEDURES FOR THE CREDIT, AND TO MAKE THE CREDIT TRANSFERABLE.
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12/14/10	House	Prefiled
12/14/10	House	Referred to Committee on Ways and Means
01/11/11	House	Introduced and read first time (House Journal-page 108)
01/11/11	House	Referred to Committee on Ways and Means (House Journal-page 109)
01/12/11	House	Member(s) request name added as sponsor: Henderson
01/19/11	House	Member(s) request name added as sponsor: Young
01/26/11	House	Member(s) request name added as sponsor: Butler Garrick
02/08/11	House	Member(s) request name added as sponsor: Erickson