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Session 122 - (2017-2018)Printer Friendly
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H 3226 General Bill, By Cobb-Hunter and Daning
Summary: Refundable state individual income tax credit
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-3632 SO AS TO ALLOW A REFUNDABLE STATE INDIVIDUAL INCOME TAX CREDIT EQUAL TO THREE PERCENT OF THE FEDERAL EARNED INCOME TAX CREDIT OF A TAXPAYER BEGINNING WITH TAX YEAR 2017 AND ANNUALLY TO INCREASE THE AMOUNT OF THE CREDIT IN INCREMENTS OF ONE-HALF PERCENT UNTIL THE CREDIT EQUALS FIVE PERCENT.
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12/15/16House Prefiled
12/15/16House Referred to Committee on Ways and Means
01/10/17House Introduced and read first time
01/10/17House Referred to Committee on Ways and Means (House Journal-page 119)
01/11/17House Member(s) request name added as sponsor: Daning (House Journal-page 119)



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