South Carolina Legislature




Instructions


 
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Session 114 - (2001-2002)Printer Friendly
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H 3202 General Bill, By Campsen, Altman, R.L. Brown, Cato, Chellis, Cotty, Dantzler, Easterday, Hamilton, Harrell, Hinson, Law, Leach, Limehouse, Littlejohn, Loftis, Lucas, Merrill, Perry, Quinn, Rice, Robinson, Scarborough, Simrill, Sinclair, D.C. Smith, W.D. Smith, Stille, Tripp, J. Young and White
Summary: Marriage Penalty Tax Relief Act, income tax, joint returns; Domestic Relations, Taxation, Acts Cited By Popular Name
    A BILL TO ENACT THE MARRIAGE PENALTY TAX RELIEF ACT BY AMENDING SECTION 12-6-510, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TAX RATES AND BRACKETS APPLICABLE TO INDIVIDUALS, ESTATES, AND TRUSTS FOR PURPOSES OF THE SOUTH CAROLINA INCOME TAX ACT, SO AS TO ALLOCATE EQUALLY BETWEEN SPOUSES SOUTH CAROLINA TAXABLE INCOME REPORTED ON A JOINT RETURN AND APPLY THE RATES AND BRACKETS SEPARATELY TO EACH INCOME THEREBY REDUCING THE STATE INCOME TAX LIABILITY FOR MARRIED COUPLES FILING JOINT RETURNS; TO REPEAL SECTION 12-6-3330, RELATING TO THE TWO WAGE EARNER CREDIT FOR MARRIED INDIVIDUALS FILING JOINT RETURNS MADE OBSOLETE BY THE PROVISIONS OF THIS ACT, AND TO PHASE IN THESE PROVISIONS OVER FIVE TAXABLE YEARS BEGINNING WITH THE 2001 TAXABLE YEAR.
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01/09/01House Introduced and read first time HJ-82
01/09/01House Referred to Committee on Ways and Means HJ-82



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