H*4087 (Rat #0247, Act #0222 of 2024) General Bill, By G.M. Smith, West, Kirby, Ballentine, Robbins, Hewitt, M.M. Smith, Davis, Hiott, Long, Hager, Ott, Weeks, Dillard, W. Jones, Brewer, Hartnett and Murphy
Summary: Income tax credits
    AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-3410, RELATING TO CORPORATE INCOME TAX CREDIT FOR CORPORATE HEADQUARTERS, SO AS TO PROVIDE CHANGES TO STAFFING REQUIREMENTS AND CERTAIN TIMING; BY AMENDING SECTION 12-6-3460, RELATING TO THE RECYCLING FACILITY TAX CREDIT DEFINITIONS, SO AS TO LOWER THE MINIMUM LEVEL OF INVESTMENT FOR A QUALIFIED RECYCLING FACILITY AND TO INCLUDE CERTAIN PRODUCTS TO THE DEFINITION OF "POSTCONSUMER WASTE MATERIAL"; BY AMENDING SECTIONS 12-10-20, 12-10-30, 12-10-40, 12-10-45, 12-10-50, 12-10-60, AND 12-10-80, ALL RELATING TO THE ENTERPRISE ZONE ACT OF 1995, SO AS TO ALLOW REMOTE EMPLOYEES WORKING IN SOUTH CAROLINA TO BE INCLUDED IN CERTAIN JOB CREATION REQUIREMENTS AND TO CREATE A NEW PROVISION TO INCENTIVIZE CERTAIN COMPANIES; BY AMENDING SECTION 12-10-95, RELATING TO THE ENTERPRISE ZONE ACT CREDIT AGAINST WITHHOLDING FOR RETRAINING, SO AS TO ADD WAREHOUSING AND DISTRIBUTION AND TO PROVIDE FOR APPROVAL REQUIREMENTS; AND BY AMENDING SECTION 12-6-1120, RELATING TO GROSS INCOME, SO AS TO PROVIDE FOR CERTAIN DEDUCTIONS TO TAXABLE INCOME. - RATIFIED TITLE
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03/07/23	House	Introduced and read first time (House Journal-page 13)
03/07/23	House	Referred to Committee on Ways and Means (House Journal-page 13)
03/29/23	House	Member(s) request name added as sponsor: Weeks
03/30/23	House	Member(s) request name added as sponsor: Dillard, W.Jones
03/30/23	House	Committee report: Favorable with amendment Ways and Means (House Journal-page 10)
04/04/23		Scrivener's error corrected
04/04/23	House	Member(s) request name added as sponsor: Brewer, Hartnett, Murphy
04/05/23	House	Amended (House Journal-page 127)
04/05/23	House	Requests for debate-Rep(s). Cromer, Harris, McCravy, Beach, Guest, Crawford, S Jone, White, May, McCabe, Trantham, TA Morgan, AM Morgan, Chumley, BJ Cox, West, Thayer, MM Smith, B Newton, Davis, Hewitt, Bernstein (House Journal-page 127)
04/05/23	House	Read second time (House Journal-page 199)
04/05/23	House	Roll call Yeas-84 Nays-12 (House Journal-page 199)
04/06/23	House	Read third time and sent to Senate (House Journal-page 38)
04/06/23	Senate	Introduced and read first time (Senate Journal-page 41)
04/06/23	Senate	Referred to Committee on Finance (Senate Journal-page 41)
04/06/23		Scrivener's error corrected
04/18/24	Senate	Committee report: Favorable with amendment Finance (Senate Journal-page 7)
05/07/24	Senate	Read second time (Senate Journal-page 72)
05/08/24	Senate	Committee Amendment Adopted (Senate Journal-page 64)
05/08/24	Senate	Amended (Senate Journal-page 64)
05/08/24	Senate	Read third time and returned to House with amendments (Senate Journal-page 64)
05/08/24	Senate	Roll call Ayes-45 Nays-0 (Senate Journal-page 64)
05/09/24	House	Senate amendment amended (House Journal-page 33)
05/09/24	House	Roll call Yeas-92 Nays-10 (House Journal-page 55)
05/09/24	House	Returned to Senate with amendments
05/09/24	Senate	Non-concurrence in House amendment (Senate Journal-page 58)
05/09/24	House	House insists upon amendment and conference committee appointed Reps. West, B Newton, Kirby (House Journal-page 157)
05/09/24	Senate	Conference committee appointed Davis, Setzler, Massey (Senate Journal-page 59)
06/21/24		Scrivener's error corrected
06/26/24	House	Conference report received and adopted
06/26/24	House	Roll call Yeas-93 Nays-13
06/26/24	Senate	Conference report received and adopted (Senate Journal-page 148)
06/26/24	Senate	Roll call Ayes-42 Nays-0 (Senate Journal-page 148)
06/26/24	Senate	Ordered enrolled for ratification (Senate Journal-page 173)
06/27/24		Ratified R 247
07/02/24		Signed By Governor
07/17/24		Effective date See Act for Effective Date
07/17/24		Act No. 222