{"data":{"id":"us-sc/s.c.-code-ann.-59-20-25","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 59-20-25","heading":"Index of taxpaying ability as applied to area in which a tax increment financing plan is in effect.","body":"For the purposes of computing the 'index of taxpaying ability' pursuant to item (3) of Section 3 of Act 163 of 1977 (South Carolina Education Finance Act) for any area in which tax increment financing plan is in effect the value to be used shall be the original assessed value plus any portion of the captured assessed value which is distributed among taxing authorities pursuant to Section 31-8-120.","path":["Title 59 - EDUCATION","CHAPTER 20 Education Finance Act of 1977"],"source_url":"https://www.scstatehouse.gov/code/t59c020.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:59:14Z","sha256":"8229820efb6a9aafb93801f33f6fb08a6c4007c75be187f5dd7a90c9c39e7c75","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-59-20-23","next":"us-sc/s.c.-code-ann.-59-20-30"},"notice":"GroundRules: Original legal text. Not legal advice."}