2025-2026 Regular SessionSouth Carolina Legislature

H3737: South Carolina Affordable Housing Tax-Exempt REIT Act

Legislative Summary

Amend The South Carolina Code Of Laws By Enacting The "south Carolina Affordable Housing Tax-exempt Reit Act" By Adding Chapter 25 To Title 31 So As To Establish A Tax-exempt Real Estate Investment Trust (reit) To Increase The Supply Of Affordable Housing Statewide.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/15/2025
Introduced and read first time
House of Representatives
1/15/2025
Referred to Committee on Ways and Means
House of Representatives

Status Information

Current Status
Introduced(1/15/2025)
Chamber
House of Representatives
Committee
Ways and Means(House of Representatives)

Sponsors

Democrat: 1

Primary Sponsor

Wendell Jones
Wendell Jones
Democrat

Documents

Introduced
Bill Text1/15/202518.0 KB