South Carolina S 452: Property taxes

Bill Text

2025-2026 Bill 452 Text of Previous Version (Mar. 19, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 452

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 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Chapter 44, Title 11, contained in this act, are repealed on December 31, 20252035.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 09:02 AM