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H 4552 - Amends current law to include the development of affordable housing as an allowable redevelopment project in a military TIF

Tracking Level: Of Interest
Sponsor: Marvin Pendarvis
Last Action: 4/18/2024 - House - Returned to Senate with amendments
House Committee: MMPMA
Senate Committee: LCI
Assigned To:
Economic DevelopmentNext Bill
Finance/Revenue/TaxesNext Bill
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Staff Analysis of the Legislation
03.27.2024 The Senate Labor, Commerce and Industry Committee gave this bill a favorable report.
03.20.2024 The Senate Labor, Commerce and Industry Labor and Employment subcommittee gave this bill a favorable report as amended. The amendment changes the effective date to July 1.
02.27.2024 The House Medical, Military, Public and Municipal Affairs Committee gave this bill a favorable report.
02.14.2024 The House Medical, Military, Public and Municipal Affairs Municipal and Public Affairs subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Amends current law to include the development of affordable housing as an allowable redevelopment project in a military tax increment financing district.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc