States / South Carolina / H 3738
H 3738 In Committee
South Carolina Housing Development Revenue Enhancement Act
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
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.
- Chamber
- House
- Introduced
- Jan 15, 2025
- Last action
- Jan 29, 2025 — Scrivener's error corrected
- Session
- 2025-2026
- Momentum
- 27 · Low