S853 is a bill in the South Carolina Legislature (126th General Assembly): Abandoned Buildings Tax Credit.

What is the status of S853?

Signed into law as of June 3, 2026. Latest action: Effective date 05/19/26 (June 5, 2026).

C. Bradley Hutto (D, 40), with 9 co-sponsors.

Where is the official record for S853?

On the South Carolina Legislature website: https://www.scstatehouse.gov/sess126_2025-2026/bills/853.htm

South Carolina legislation · 126th General Assembly

South Carolina S853: Abandoned Buildings Tax Credit

Q: What does S853 do?

In its own words: To amend the south carolina code of laws by amending section 12-67-120, relating to the abandoned buildings revitalization act definitions, so as to clarify that the existence of an income-producing use prior to the period of abandonment is not a requirement for eligibility; by amending section 12-67-130, relating to applicability, so as to make a conforming change; by amending section 12-67-140, relating to eligibility for the credit, so as to clarify certain timing considerations related to the filing of a notice of intent to rehabilitate an abandoned building and to clarify that aban.

Status: Signed into law, June 3, 2026

What the bill says

To amend the south carolina code of laws by amending section 12-67-120, relating to the abandoned buildings revitalization act definitions, so as to clarify that the existence of an income-producing use prior to the period of abandonment is not a requirement for eligibility; by amending section 12-67-130, relating to applicability, so as to make a conforming change; by amending section 12-67-140, relating to eligibility for the credit, so as to clarify certain timing considerations related to the filing of a notice of intent to rehabilitate an abandoned building and to clarify that aban.

From the amended text, May 13, 2026:

A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-67-120, RELATING TO THE ABANDONED BUILDINGS REVITALIZATION ACT DEFINITIONS, SO AS TO CLARIFY THAT THE EXISTENCE OF AN INCOME-PRODUCING USE PRIOR TO THE PERIOD OF ABANDONMENT IS NOT A REQUIREMENT FOR ELIGIBILITY; BY AMENDING SECTION 12-67-130, RELATING TO APPLICABILITY, SO AS TO MAKE A CONFORMING CHANGE; BY AMENDING SECTION 12-67-140, RELATING TO ELIGIBILITY FOR THE CREDIT, SO AS TO CLARIFY CERTAIN TIMING CONSIDERATIONS RELATED TO THE FILING OF A NOTICE OF INTENT TO REHABILITATE AN ABANDONED BUILDING AND TO CLARIFY THAT ABANDONED BUILDING TAX CREDITS MAY NOT SERVE AS COLLATERAL FOR ANY DEBT; AND BY AMENDING SECTION 12-67-160, RELATING TO THE CERTIFICATION OF ABANDONED BUILDING SITES, SO AS TO REMOVE A REQUIREMENT FOR CERTAIN CERTIFICATIONS OF STATE-OWNED ABANDONED BUILDING SITES. Amend Title To Conform B e it enacted by the General Assembly of the State of South Carolina: S ECTION 1. S ection 12-67-120 (1), (2), (6), and (8) of the S.C. Code is amended to read: ( 1) "Abandoned building" means a building or structure, which clearly may be delineated from other buildings or structures, at least sixty-six percent of the space in which has been closed unoccupied continuously to business or otherwise nonoperational for income producing purposes for a period of at least five years …

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South Carolina S853: Abandoned Buildings Tax Credit

What the bill says

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