The bill H. 3911 proposes an amendment to Section 4-10-330 of the South Carolina Code of Laws, specifically regarding the use of proceeds from the capital projects sales tax. The amendment allows for the inclusion of "workforce housing" as an eligible project for funding through these tax proceeds. This addition aims to address the growing need for affordable housing options within the state.
In the revised legal language, the bill specifies that the proceeds can be utilized for various types of projects, including highways, public facilities, and now workforce housing, which is defined in Section 6-4-5. The amendment reflects a broader understanding of community needs and aims to enhance the quality of life for residents by supporting housing initiatives alongside traditional infrastructure projects. The bill will take effect upon approval by the Governor.
Statutes affected: 02/06/2025: 4-10-330
Latest Version: 4-10-330