summary
Introduced
01/17/2024
01/17/2024
In Committee
03/21/2024
03/21/2024
Crossed Over
03/20/2024
03/20/2024
Passed
07/02/2024
07/02/2024
Dead
Signed/Enacted/Adopted
07/17/2024
07/17/2024
Introduced Session
125th General Assembly
Bill Summary
Amend The South Carolina Code Of Laws By Amending Section 12-6-1140, Relating To Deductions From Individual Taxable Income, So As To Increase The Subsistence Deduction Amount For Certain Paid Public Servants Such As Law Enforcement And Firefighters, And To Increase The Volunteer Exemption Amount For Certain Unpaid Public Servants Such As Law Enforcement And Firefighters; By Amending Section 12-6-3800, Relating To The Tax Credit For Serving As A Preceptor, So As To Amend Definitions And Eligibility Requirements; By Amending Act 45 Of 2019, Relating To The Preceptor Tax Credit, So As To Extend The Preceptor Tax Credit For Four Additional Years; And By Amending Section 4-37-30, Relating To Sales And Use Taxes Or Tolls As Revenue For Transportation Facilities, So As To Provide For Certain Exemptions For Unprepared Food Items. - Ratified Title
AI Summary
This bill amends the South Carolina Code of Laws to increase the subsistence deduction amount for certain paid public servants such as law enforcement and firefighters, and to increase the volunteer exemption amount for certain unpaid public servants such as law enforcement and firefighters. It also amends the tax credit for serving as a preceptor (a physician, advanced practice nurse practitioner, or physician assistant who provides supervision and instruction during student clinical training experiences) by modifying the definitions and eligibility requirements. Additionally, the bill extends the preceptor tax credit for four additional years and provides certain exemptions for unprepared food items from sales and use taxes or tolls as revenue for transportation facilities.
Committee Categories
Budget and Finance
Sponsors (10)
Thomas Alexander (R)*,
Penry Gustafson (R),
Kevin Johnson (D),
Gerald Malloy (D),
Mia McLeod (I),
Harvey Peeler (R),
Sandy Senn (R),
Nikki Setzler (D),
Vernon Stephens (D),
Tom Young (R),
Last Action
Act No. 217 (on 07/17/2024)
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=0969&session=125&summary=B |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/969_20240626.htm |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/969_20240507.htm |
| Fiscal Note - S0969 2024-04-25 Amended | https://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/S0969%202024-04-25%20amended.pdf |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/969_20240430.htm |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/969_20240425.htm |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/969_20240228.htm |
| Fiscal Note - S0969 2024-01-17 Introduced | https://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/S0969%202024-01-17%20introduced.pdf |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/969_20240117.htm |
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