SC H3870

Legislative Description

Provide For The "south Carolina Entrepreneurial Success Fund Act" To Be Administered By The South Carolina Venture Capital Authority, To Provide Definitions, To Provide A State Income Tax Credit For Qualified Investments In A Fund, To Provide For The Amount Of Annual Available Credit, To Determine The Amount Of A Taxpayer's Credit, To Provide For The Formation Of A Fund, To Provide That The Purpose Of A Fund Is To Make Seed Capital Investments In High Growth-oriented Businesses, And To Provide Reporting Requirements.

Last Action

Committee Referrals