S 1122 — Textiles Revitalization
Last action — Referred to Committee on Finance
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced April 15, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-65-20, RELATING TO DEFINITIONS FOR THE SOUTH CAROLINA TEXTILES COMMUNITIES REVITALIZATION ACT, SO AS TO SPECIFY QUALIFYING REQUIREMENTS FOR CERTAIN REHABILITATION EXPENSES.
Bill Text
What changed in the latest version
31 added · 1 removedPlain-language change summary
The recently amended version of Bill S 1122 specifically defines what qualifies as "rehabilitation expenses" for the South Carolina Textiles Communities Revitalization Act. It clarifies that these expenses must be related to the actual renovation or demolition of buildings on a textile mill site, and it prohibits including costs for acquiring the mill or for moving personal property. This change is important because it sets clearer guidelines for what costs can be claimed under the rehabilitation tax credit, aiming to streamline the process for revitalizing old textile sites and encouraging more investment in these areas.
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15, 2026) - South Carolina Legislature Online South Carolina General Assembly126th Session, 2025-2026Bill 1122Indicates Matter StrickenIndicates New Matter(Text matches printed bills.
Document has been reformatted to meet World Wide Web specifications.) A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-65-20, RELATING TO DEFINITIONS FOR THE SOUTH CAROLINA TEXTILES COMMUNITIES REVITALIZATION ACT, SO AS TO SPECIFY QUALIFYING REQUIREMENTS FOR CERTAIN REHABILITATION EXPENSES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-65-20(8)(a) of the S.C.
Code is amended to read:
(a) "Rehabilitation expenses" means the expenses or capital expenditures incurred in the rehabilitation, renovation, or redevelopment of the textile mill site, including without limitations, the demolition of existing buildings, environmental remediation, site improvements and the construction of new buildings and other improvements on the textile mill site, but excluding the cost of acquiring the textile mill site or the cost of personal property located at the textile mill site.
For expenses associated with a textile mill site to qualify for the credit, the textile mill and buildings on the textile mill site included in the Notice of Intent to Rehabilitate must be either renovated or demolished, and this requirement applies independently to each Notice of Intent to Rehabilitate without regard to the rehabilitation status of any parcel or building not included in that notice;
provided, however, that for any contiguous parcel included within the textile mill site pursuant to item 4(b), the textile mill and buildings on the textile mill site must be either renovated or demolished if both the textile mill and the contiguous parcel are owned by the same taxpayer or affiliated taxpayers.
SECTION 2. This act takes effect upon approval by the Governor.
----XX---- This web page was last updated on April 15, 2026 at 03:06 PM
Action History
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Referred to Committee on Finance
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Introduced and read first time
Sponsors
- Senator Lawrence K. "Larry" Grooms · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 169 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (169)
169 members have not signed on to this bill.
Show all 169 →"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.
Subjects
Frequently asked questions
- What does S 1122 do?
- A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-65-20, RELATING TO DEFINITIONS FOR THE SOUTH CAROLINA TEXTILES COMMUNITIES REVITALIZATION ACT, SO AS TO SPECIFY QUALIFYING REQUIREMENTS FOR CERTAIN REHABILITATION EXPENSES.
- Who sponsors S 1122?
- S 1122 is sponsored by Senator Lawrence K. "Larry" Grooms.
- What is the current status of S 1122?
- This bill is in committee in the Senate. Introduced April 15, 2026. It must pass committee before a floor vote.
- Where can I track S 1122?
- Track S 1122 free on One Click Politics — get push/email alerts when it moves.
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