The bill S. 452 seeks to amend the South Carolina Code of Laws by extending the provisions of the "High Growth Small Business Job Creation Act" for an additional ten years. Specifically, it modifies Section 1.B. of Act 80 of 2013 to change the repeal date from December 31, 2025, to December 31, 2035, allowing 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:
03/13/2025: 11-44-10
03/19/2025: 11-44-10
Latest Version: 11-44-10