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H3738Introduced in the House

South Carolina Housing Development Revenue Enhancement Act

IntroducedHouse Ways and Means

Introduced by Wendell Jones, District 25

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

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.

Where it stands

Scrivener's error corrected

January 29, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Introduced and read first time

  2. Referred to Committee on Ways and Means

  3. Scrivener's error corrected

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