summary
Introduced
04/26/2023
04/26/2023
In Committee
04/26/2023
04/26/2023
Crossed Over
Passed
Dead
05/09/2024
05/09/2024
Introduced Session
125th General Assembly
Bill Summary
A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1140, RELATING TO INCOME TAX DEDUCTIONS, SO AS TO DEDUCT TAXABLE INCOME RECEIVED AS THE RESULT OF EMPLOYMENT AS AN ACTIVE-DUTY SERVICE MEMBER OF THE UNITED STATES ARMED FORCES.
AI Summary
This bill amends the South Carolina Code of Laws to allow for a deduction from taxable income for income received by active-duty members of the United States Armed Forces who are residents of the state. The term "active-duty" is defined as full-time duty status in the active uniformed service of the United States, including members of the National Guard and Reserve on active-duty orders. The bill takes effect upon approval by the Governor and first applies to income tax years after 2022.
Committee Categories
Budget and Finance
Sponsors (20)
Cody Mitchell (R)*,
Thomas Beach (R),
Gary Brewer (R),
Micah Caskey (R),
Ben Connell (R),
Bobby Cox (R),
Brandon Cox (R),
Doug Gilliam (R),
Lonnie Hosey (D),
Matthew Leber (R),
Travis Moore (R),
Chris Murphy (R),
David O'Neal (R),
Robby Robbins (R),
Bill Sandifer (R),
Jay West (R),
Joe White (R),
Robert Williams (D),
Chris Wooten (R),
Richie Yow (R),
Last Action
Referred to Committee on Ways and Means (on 04/26/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=4371&session=125&summary=B |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/4371_20230426.htm |
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