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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 JurisdictionDenmark-Olar School District 2 (Bamberg 2)
Jurisdiction type: School district
Fiscal year ending In2020
Program nameMulti-County Industrial Park (MCIP)
Program purpose: Business attraction/retention/expansion
Statutory authority: Article VIII, Section 13(d) of the Constitution of South Carolina, as amended and South Carolina Title 4, Chapter 1
Abating jurisdiction(s): Bamberg County
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: (not specified)
Gross revenue loss: $119,243
Reimbursement / offset: $0
Net revenue loss: $119,243
Type of loss: Passive
Additional notes on dislosure(none)