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S0856Introduced in the Senate

Community development corporation tax credit

IntroducedSenate Finance

Introduced by Ronnie Cromer, District 18

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 Adding Section 12-6-3531 So As To Allow A Tax Credit To A Taxpayer That Invests In A Community Development Corporation Or In A Community Financial Institution.

Where it stands

Referred to Committee on Finance

January 28, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced and read first time

  2. Referred to Committee on Finance

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