S 856 South Carolina Senate · 2025-2026 Regular Session

Community development corporation tax credit

Summary
A BILL TO 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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2026 Last action Jan 28, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 28, 2026
Committee
Referred to Committee on Finance
upper
Jan 28, 2026
Introduced
Introduced and read first time
upper
7 primary · 0 co-sponsors

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