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Highlighting Key Economic Development Actions from Across the U.S.

California - In the Golden State, a bill to expand the state’s approach to workforce development programs passed the Senate floor on a 31-6 vote on May 24th, and is set to be considered by the Assembly’s Labor and...more

South Carolina’s Major Economic Development Incentive Change

On June 22, 2022, Henry McMaster, the Governor of South Carolina, signed South Carolina Bill 901 (the “Bill”) into law. The Bill amends the Enterprise Zone Act of 1995’s section on Job Development Credits (JDCs), one of South...more

Senator Tim Scott Considers Bill to Modify Opportunity Zones

Last week at the United States Conference of Mayors, Senator Tim Scott (R – S.C.) announced that he was considering a bill to let state and local governments amend the census tracts they chose to designate as part of the...more

South Carolina Department of Revenue Announces Changes to County Tiers for 2020

The South Carolina Department of Revenue has released the 2020 county tier rankings for all South Carolina counties. The rankings are reassessed each year and are determined in part by per capita income and unemployment rate...more

South Carolina Legislative Updates: SCEDA Bill and Tax Conformity Bill

SCEDA Bill - On October 3, 2018, the South Carolina General Assembly overrode the gubernatorial veto of S.1043 , known as the “SCEDA Bill.” The SCEDA Bill is an exciting new piece of legislation for certain businesses...more

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