2025-2026 Regular SessionSouth Carolina Legislature

H3333: Tax Increment Financing

Legislative Summary

Amend The South Carolina Code Of Laws By Amending Section 31-12-30, Relating To Redevelopment Of Federal Military Installations Definitions, So As To Provide That A Redevelopment Project Includes Certain Affordable Housing Projects; And By Amending Section 31-12-210, Relating To Issuance Of Obligations For Redevelopment Projects By Municipality, So As To Provide When Certain Obligations Must Be Issued. - Ratified Title

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

12/5/2024
Prefiled
House of Representatives
12/5/2024
Referred to Committee on Medical, Military, Public and Municipal Affairs
House of Representatives
1/14/2025
Introduced and read first time
House of Representatives
1/14/2025
Referred to Committee on Medical, Military, Public and Municipal Affairs
House of Representatives
4/3/2025
Committee report: Favorable Medical, Military, Public and Municipal Affairs
House of Representatives
4/8/2025
Member(s) request name added as sponsor: Caskey
House of Representatives
4/9/2025
Read second time
House of Representatives
4/9/2025
Roll call Yeas-80 Nays-16
House of Representatives
4/10/2025
Read third time and sent to Senate
House of Representatives
4/10/2025
Introduced and read first time
Senate
4/10/2025
Referred to Committee on Labor, Commerce and Industry
Senate
4/15/2025
Recalled from Committee on Labor, Commerce and Industry
Senate
4/29/2025
Read second time
Senate
4/29/2025
Roll call Ayes-42 Nays-0
Senate
4/30/2025
Read third time and enrolled
Senate
5/6/2025
Ratified R 42
5/8/2025
Signed By Governor
5/16/2025
Effective date 07/01/25
5/16/2025
Act No. 24

Roll Call Votes

Senate: 2nd Reading
4/29/2025
42
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED
House: Passage Of Bill
4/9/2025
80
Yea
16
Nay
21
Not Voting
6
Absent
Result: PASSED

Status Information

Current Status
Passed(5/16/2025)
Chamber
Senate

Sponsors

Documents

Introduced
Bill Text4/15/202511.6 KB
Comm Sub
Bill Text4/3/202513.7 KB
Introduced
Bill Text12/5/20248.3 KB
Fiscal Note
Fiscal Note2/4/2025179.3 KB