South Carolina Department of Revenue2024-08-222024-08-222024-06https://dc.statelibrary.sc.gov/handle/10827/56836An Information Letter is a written statement issued to the public to announce general information useful in complying with the laws administered by the Department. An Information Letter has no precedential value. Effective May 20, 2024, Act No. 169 extended the sunsetting of the Abandoned Buildings Revitalization credit to December 31, 2035, and amended S.C. Code Ann. § 12-67-140(B)(3)(b) to provide “The entire credit earned pursuant to this subsection may not exceed seven hundred thousand dollars for any taxpayer in a tax year for each abandoned building site".Records, documents, and information made available by the agencies of the South Carolina state government or its subdivisions are made accessible through the South Carolina State Library Depository and are protected under U.S. Copyright law (Title 17, U.S.C.) and South Carolina state law (Title 30 and 60, S.C.C.L.). Distribution rights are determined by the agency or author and users should contact the aforementioned for more information.South Carolina Department of Revenue--PeriodicalsTaxation--South Carolina--Periodicals