South Carolina General Assembly
126th Session, 2025-2026
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Indicates Matter Stricken
Indicates New Matter
S. 452
STATUS INFORMATION
General Bill
Sponsors: Senators Alexander and Elliott
Companion/Similar bill(s): 4134
Document Path: SR-0050CEM25.docx
Introduced in the Senate on March 13, 2025
Currently residing in the Senate
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 3/13/2025 | Senate | Introduced and read first time (Senate Journal-page 5) |
| 3/13/2025 | Senate | Referred to Committee on Finance (Senate Journal-page 5) |
| 3/19/2025 | Scrivener's error corrected |
View the latest legislative information at the website
VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING ACT 80 OF 2013, RELATING TO THE "HIGH GROWTH SMALL BUSINESS JOB CREATION ACT," SO AS TO AUTHORIZE THE EXTENSION FOR AN ADDITIONAL TEN YEARS; AND BY AMENDING SECTION 11-44-10, RELATING TO THE CITATION OF THE ACT, SO AS TO RENAME THE ACT THE "HIGH GROWTH SMALL BUSINESS JOB CREATION ACT OF 2013 - ANGEL INVESTOR TAX CREDIT ACT."
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 1.B. of Act 80 of 2013, as last amended by Act 138 of 2020, is amended further to read:
B. The provisions of Chapter 44, Title 11, contained in this act, are repealed on December 31, 20252035. Any carry forward credits shall continue to be allowed until the ten-year time period in Section 11-44-40(B) is completed.
SECTION 2. Section 11-44-10 of the S.C. Code is amended to read:
Section 11-44-10. This chapter may be cited as the "High Growth Small Business Job Creation Act of 2013 - Angel Investor Tax Credit Act."
SECTION 3. Chapter 44, Title 11 is retitled the "High Growth Small Business Job Creation Act - Angel Investor Tax Credit Act."
SECTION 4. This act takes effect upon approval by the Governor.
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This web page was last updated on March 19, 2025 at 9:02 AM