S.C. Tax Increment Financing Law — Municipal Redevelopment Districts (SC)

Tracked preemption from the South Carolina overlay bundle.

Overview

Effective
1984-04-13
Sunset
Authority
state
Scope
state:SC

Trigger predicate

When this evaluates true for a parcel, the law's preempted fields take precedence over base zoning.

AND
  • city.has_adopted_tif_redevelopment_plan == True
  • parcel.in_designated_tax_increment_district == True

Preempted fields

3 fields on the base district schema are rewritten when the trigger fires.

FieldOpValueNote
base_districts[*].tif_redevelopment_plan_authorityaddcaptures_incremental_assessed_value_above_base_year§31-6-30 et seq.: municipality designates a redevelopment area (blighted, conservation, or sprawl/agricultural categories — minimum 1.5 acres), establishes base-year assessed value, and captures the increment for public-improvement debt service and redevelopment costs.
base_districts[*].tif_bond_issuanceaddtax_increment_bonds_authorizedBonds secured by incremental tax revenues; surplus distributed to overlapping taxing districts after obligations retire.
redevelopment_plan.minimum_area_acresfloor_at1.5§31-6 minimum area threshold for designation.

Citation

Authority source
S.C. Code Ann. §§31-6-10 through 31-6-120 (Tax Increment Financing Law); S.C. Const. Art. X §14 (debt for redevelopment from incremental tax revenues); companion §31-7 for counties
§ §§31-6-10 — 31-6-120
https://www.scstatehouse.gov/code/t31c006.php

Research notes

TIF is purely a financing tool — the statute does not address zoning directly. A municipality's adopted redevelopment plan typically includes companion zoning amendments approved through normal Chapter 29 procedure. Distinct from federal Opportunity Zones (26 U.S.C. §1400Z-2). County-side TIF authority is under §31-7. Active SC TIF districts include Greenville (Falls Park / Reedy River corridor), Columbia (BullStreet, Innovista), Spartanburg downtown, Rock Hill Knowledge Park, and several Charleston peninsula redevelopment plans.