Select a different bill



S 0491 - Changes definitions in the State General Obligation Economic Development Bond Act

Tracking Level: Of Interest
Sponsor: John W. Matthews, Jr.
Last Action: 3/6/2013 - Senate - Referred to Committee on Finance
Senate Committee: Fin
Assigned To:
Economic DevelopmentNext Bill

Staff Analysis of the Legislation

03.21.2013 The Senate Finance Sales and Income Tax subcommittee carried this bill over.
Summary of the bill as introduced: Clarifies that an economic development project includes a project which generates new annual cargo of at least 25,000 20 foot equivalent units connected with a new distribution center that is at least one million square feet in size, located in SC on land owned by the state or a political subdivision and supported by 200 new jobs.

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









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