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Session 116 - (2005-2006)Printer Friendly
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H*4951 (Rat #0318, Act #0390 of 2006) General Bill, By Cobb-Hunter
Summary: Job tax credit
    AN ACT TO AMEND SECTION 12-6-3360, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE TARGETED JOBS TAX CREDIT, SO AS TO PROVIDE THAT IN A COUNTY OF AT LEAST ONE THOUSAND SQUARE MILES IN SIZE AND WHICH HAS HAD AN UNEMPLOYMENT RATE GREATER THAN THE STATE AVERAGE AND AN AVERAGE PER CAPITA LOWER THAN THE STATE AVERAGE PER CAPITA INCOME FOR THE PAST TEN YEARS AND WHICH IS OTHERWISE NOT ELIGIBLE FOR ANY SPECIAL CLASSIFICATION, THE TARGETED JOBS TAX CREDIT ALLOWED IN THE COUNTY IS TWO TIERS HIGHER THAN THE CREDIT FOR WHICH THE COUNTY WOULD OTHERWISE QUALIFY. - ratified title
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04/05/06House Introduced and read first time HJ-7
04/05/06House Referred to Committee on Ways and Means HJ-7
04/20/06House Committee report: Favorable Ways and Means HJ-5
04/25/06House Read second time HJ-78
04/26/06House Read third time and sent to Senate HJ-18
04/26/06Senate Introduced and read first time SJ-17
04/26/06Senate Referred to Committee on Finance SJ-17
05/09/06Senate Recalled from Committee on Finance SJ-2
05/09/06Senate Read second time SJ-2
05/09/06Senate Unanimous consent for third reading on next legislative day SJ-2
05/11/06 Scrivener's error corrected
05/11/06Senate Read third time and enrolled SJ-2
05/18/06 Ratified R 318
05/24/06 Vetoed by Governor
05/30/06House Veto overridden by originating body Yeas-83 Nays-16 HJ-31
06/14/06Senate Veto overridden Yeas-45 Nays-0 SJ-75
06/21/06 Copies available
06/21/06 Effective date See Act for Effective Date
06/28/06 Act No. 390



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