The bill H. 4134 seeks to amend the South Carolina Code of Laws by extending the "High Growth Small Business Job Creation Act" for an additional ten years. Specifically, it modifies Section 1.B. of Act 80 of 2013, which previously set a repeal date of December 31, 2025, to now extend the provisions until December 31, 2035. This extension allows any carry forward credits to remain valid until the completion of the ten-year period outlined in Section 11-44-40(B).

Additionally, the bill amends Section 11-44-10 to rename the act as the "High Growth Small Business Job Creation Act of 2013 - Angel Investor Tax Credit Act." It also retitles Chapter 44, Title 11 to reflect this new name. The act will take effect upon approval by the Governor.

Statutes affected:
03/05/2025: 11-44-10
Latest Version: 11-44-10