Amends South Carolina's Textiles Communities Revitalization Act to specify rehabilitation requirements for textile mill sites.

The bill amends the South Carolina Textiles Communities Revitalization Act to clarify that rehabilitation expenses for textile mill sites include renovation or demolition of the mill and buildings. It specifies that if the mill and a contiguous parcel are owned by the same taxpayer, both must be renovated or demolished. The changes apply to each Notice of Intent to Rehabilitate independently. The act takes effect upon approval by the Governor.

Amends South Carolina's Textiles Communities Revitalization Act to specify rehabilitation requirements for textile mill sites.

The bill amends the South Carolina Textiles Communities Revitalization Act to clarify that rehabilitation expenses for textile mill sites include renovation or demolition of the mill and buildings. It specifies that if the mill and a contiguous parcel are owned by the same taxpayer, both must be renovated or demolished. The changes apply to each Notice of Intent to Rehabilitate independently. The act takes effect upon approval by the Governor.