South Carolina 126th General Assembly Status: Introduced

S 0856 — A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3531 SO AS TO ALLOW A TAX CREDIT TO A TAXPAYER THAT INVESTS IN A COMMUNITY DEVELOPMENT CORPORATION OR IN A COMMUNITY FINANCIAL INSTITUTION.

Last action — Referred to Committee on Finance

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 28, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Community development corporation tax credit

Bill Text

We don't have the full text on file for this bill yet.

Read S 0856 on the official South Carolina source →

Action History

  1. Referred to Committee on Finance

  2. Introduced and read first time

Sponsors

Sponsorship breakdown

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1 sponsors · 6 co-sponsors · 163 not signed on

Sponsors (1)

Co-sponsors (6)

Not signed on (163)

163 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 0856 do?
Community development corporation tax credit
Who sponsors S 0856?
S 0856 is sponsored by Senator Darrell Jackson, Senator Jeff Zell, Senator Karl B. Allen, Senator Everett Stubbs, Senator Ross Turner, Senator Michael W. Gambrell, and Senator Ronnie W. Cromer.
What is the current status of S 0856?
This bill has been introduced in the Senate. Introduced January 28, 2026. It must pass committee before a floor vote.
Where can I track S 0856?
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Last checked for changes 4 months ago · updated continuously

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