South Carolina H 4808: Joint industrial parks

Bill Text

2025-2026 Bill 4808 Text of Previous Version (Dec. 17, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4808

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING 
SECTION 4-1-170, RELATING TO JOINT COUNTY INDUSTRIAL OR BUSINESS PARKS, SO AS 
TO REQUIRE THAT EACH AFFECTED SCHOOL DISTRICT MUST RECEIVE THE SAME PORTION OF 
THE REVENUE AS THE SCHOOL DISTRICT WOULD HAVE RECEIVED IN PROPERTY TAXES, and 
to provide that other taxing entities also must receive the same portion of the 
revenue if the taxing entity does not consent to the creation of the joint park.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. Section 4-1-170(A)(3) of the S.C. Code is amended to 
read:

 (3) specify the manner in which revenue 
must be distributed to each of the taxing entities within each of the 
participating counties. However, each affected school 
district must receive the same portion of the revenue as the school district 
would have received in property taxes had the joint park not been created.

SECTION 2. Section 4-1-170(C) of the S.C. Code is amended to read:

 (C) If the industrial or business park 
encompasses all or a portion of a municipalityanother taxing entity, the counties must obtain the 
consent of the municipality each 
affected taxing entity prior to the creation of the multi-county 
industrial park if the taxing entity would receive a 
different portion of the property taxes than had the joint park not been 
created. If the county creates joint park without 
the consent of a taxing entity, then each taxing entity that does not consent must 
receive the same portion of the revenue as the taxing entity would have 
received in property taxes had the joint park not been created.

SECTION 3. This act takes effect upon approval 
by the Governor.

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This web page was last updated on December 17, 2025 at 01:51 PM