With respect to a site acquired by a taxpayer after December 31, 2007, the area of the site is limited to the land located within the boundaries where the textile manufacturing facility structure is located and does not include land located outside the boundaries of the structure.
HISTORY: 2008 Act No. 313, Section 3.C, eff June 12, 2008.
Structure South Carolina Code of Laws
Chapter 65 - South Carolina Textiles Communities Revitalization Act
Section 12-65-10. Title of Act; purpose.
Section 12-65-20. Definitions.
Section 12-65-30. Tax credit entitlement.
Section 12-65-35. Area of site limitation.
Section 12-65-40. Applicability of other provisions.