Job Development Credit (South Carolina)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place South Carolina


Applies to States or Provinces South Carolina
Name Job Development Credit (South Carolina)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator South Carolina Department of Commerce
Primary Website http://sccommerce.com/sc-advantage/growth-incentives/discretionary-incentives


Last Review 2014-09-15



Summary

A Job Development Credit (JDC) is a performance-based incentive that rebates a portion of new employees' withholding taxes that can be used to address the specific needs of individual companies. JDCs are approved on a case-by-case basis by the S.C. Coordinating Council for Economic Development. To qualify, a company must meet certain business requirements and the amount a company receives depends on the company's pay structure and location.


Policy Contact

Department South Carolina Department of Commerce
Address 1201 Main Street, Suite 1600
Place Columbia, South Carolina
Zip/Postal Code 29201-3200
Phone (803) 737-0400
Phone 2 (800) 868-7232
Email info@sccommerce.com


















References