South Carolina House bill in Session 126.
Status: in_committee. Latest action: January 29, 2025.
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA HOUSING DEVELOPMENT REVENUE ENHANCEMENT ACT"" BY ADDING SECTION 31-3-1700 SO AS TO ENABLE HOUSING AUTHORITIES TO UTILIZE TAX INCREMENT FINANCING (TIF) AND OTHER REVENUE MECHANISMS.
TO SUPPORT THE DEVELOPMENT AND FINANCING OF AFFORDABLE HOUSING, TO ENCOURAGE PUBLIC-PRIVATE PARTNERSHIPS, AND TO INCLUDE PROJECT-GENERATED REVENUES AS A SECONDARY SOURCE OF REPAYMENT FOR BONDS ISSUED.", South Carolina Housing Development Revenue Enhancement Act
| Date | Event | Detail |
|---|---|---|
| 2025-01-15 | Introduced | Bill introduced |
| 2025-01-29 | Status | in_committee |
| 2025-01-29 | Latest Action | Scrivener's error corrected |