Tax Increment Financing
Summary
AN ACT TO 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
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
House Passage
Apr 2025
Senate Passage
Apr 2025
Signed into Law
May 2025
Introduced Jan 14, 2025
Signed May 8, 2025
Floor votes · Senate Apr 29, 2025 · House Apr 9, 2025
How they voted
42–0
Passed · 3 other
Total votes 45
Apr 29, 2025
D
Democratic11
90% Yea
R
Republican34
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
21
Key actions
7
Committee
5
May 8, 2025
Signed into law
Signed By Governor
legislature
Apr 30, 2025
Upper · Passed
Read third time and enrolled
upper
Apr 29, 2025
Senate · Passed
Senate Vote: pass (42-0-3)
senate
Apr 15, 2025
Upper · Passed
Recalled from Committee on Labor, Commerce and Industry
upper
Apr 10, 2025
Committee
Referred to Committee on Labor, Commerce and Industry
upper
Apr 10, 2025
Introduced
Introduced and read first time
upper
Apr 10, 2025
Lower · Passed
Read third time and sent to Senate
lower
Apr 9, 2025
House · Passed
House Vote: pass (77-15-27)
house
Apr 3, 2025
Lower · Passed
Committee report: Favorable Medical, Military, Public and Municipal Affairs
lower
Jan 14, 2025
Committee
Referred to Committee on Medical, Military, Public and Municipal Affairs
lower
Jan 14, 2025
Introduced
Introduced and read first time
lower
Dec 5, 2024
Committee
Referred to Committee on Medical, Military, Public and Municipal Affairs
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bobby Cox
RRepublican
P
Micah Caskey
RRepublican
P
Sylleste Davis
RRepublican
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