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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateSouth Carolina
Effected JurisdictionCity of Columbia
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameSpecial Source Revenue Credit Program
Program purpose: Industrial development
Statutory authority: Code of Laws of South Carolina 1976 Section 4-1-175
Abating jurisdiction(s): Richland County, South Carolina
Applicable taxesProperty Tax
Method of abatement: Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $527,588
Reimbursement / offset: $498,359
Net revenue loss: $29,229
Type of loss: Passive
Additional notes on dislosure(none)