# South Carolina Submits Opportunity Zones to Treasury

Governor Henry McMaster of South Carolina completed the state's submission of recommended Opportunity Zone census tracts to the U.S. Department of the Treasury on September 23, 2026. This submission follows the redesignation process under the permanent Opportunity Zone program established by the One Big Beautiful Bill Act (OBBBA). The program's permanence enables South Carolina to attract investment and economic development starting January 1, 2027. Concurrently, the South Carolina General Assembly is urged to align the state tax code with the new federal provisions to maximize the benefits of the program.

- **Why this matters:** Procurement professionals and contractors should anticipate increased investment activity in designated Opportunity Zones, potentially leading to new public-private partnerships and development contracts.
- The alignment of state tax codes with federal Opportunity Zone incentives may influence project financing and procurement strategies within South Carolina.
- Organizations involved in economic development, construction, and community revitalization should evaluate opportunities arising from this permanent federal program.
- Agencies and businesses can prepare for upcoming solicitations or funding initiatives targeting Opportunity Zone areas starting in 2027.

**Jurisdictions:** sled
**Industries:** Professional Services, Construction & Infrastructure
**Topics:** Grants & Funding
**Published:** September 25, 2026

### Government Entities
- South Carolina Department of Commerce
- U.S. Department of the Treasury (U.S. Treasury)
- South Carolina General Assembly

### Key Quotes
> South Carolina has seen the value of Opportunity Zones in bringing investment and new opportunities to communities across our state. With the program now permanent, we can build on what has worked, focus on the communities with the greatest opportunities for investment, and continue strengthening South Carolina’s position for future economic development.
> — Henry McMaster, Governor

### Sources
- [Gov. McMaster Completes South Carolina’s Opportunity Zone Submission to U.S. Treasury | S.C. Governor Henry McMaster](https://governor.sc.gov/news/2026-09/gov-mcmaster-completes-south-carolinas-opportunity-zone-submission-us-treasury) - SC
- [Gov. McMaster Completes South Carolina’s Opportunity Zone Submission to U.S. Treasury  | S.C. Governor Henry McMaster](https://governor.sc.gov/news/2026-09/gov-mcmaster-completes-south-carolinas-opportunity-zone-submission-us-treasury-0) - SC