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Session 121 - (2015-2016)Printer Friendly
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H*3768 (Rat #0171) General Bill, By G.M. Smith, Johnson and Willis
Similar (S 1050)
Summary: SC Able Savings Program
    AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 3 TO CHAPTER 5, TITLE 11 SO AS TO ESTABLISH THE "SOUTH CAROLINA ABLE SAVINGS PROGRAM", TO ALLOW INDIVIDUALS WITH A DISABILITY AND THEIR FAMILIES TO SAVE PRIVATE FUNDS TO SUPPORT THE INDIVIDUAL WITH A DISABILITY, TO PROVIDE GUIDELINES TO THE STATE TREASURER FOR THE MAINTENANCE OF THESE ACCOUNTS, AND TO ESTABLISH THE SAVINGS PROGRAM TRUST FUND AND SAVINGS EXPENSE TRUST FUND; TO AMEND SECTION 12-6-1140, AS AMENDED, RELATING TO INDIVIDUAL INCOME TAX DEDUCTIONS, SO AS TO PROVIDE A DEDUCTION FOR CONTRIBUTIONS MADE TO CERTAIN INVESTMENT TRUST ACCOUNTS; AND TO DESIGNATE THE EXISTING SECTIONS OF CHAPTER 5, TITLE 11 AS ARTICLE 1 AND ENTITLE THEM "GENERAL PROVISIONS". - ratified title
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03/03/15House Introduced and read first time (House Journal-page 22)
03/03/15House Referred to Committee on Ways and Means (House Journal-page 22)
03/10/15 Scrivener's error corrected
04/15/15House Member(s) request name added as sponsor: Johnson
04/23/15House Committee report: Favorable with amendment Ways and Means (House Journal-page 124)
04/29/15House Member(s) request name added as sponsor: Willis
04/29/15House Amended (House Journal-page 116)
04/29/15House Read second time (House Journal-page 116)
04/29/15House Roll call Yeas-110 Nays-0 (House Journal-page 128)
04/30/15House Read third time and sent to Senate (House Journal-page 11)
05/04/15Senate Introduced and read first time (Senate Journal-page 11)
05/04/15Senate Referred to Committee on Finance (Senate Journal-page 11)
05/05/15 Scrivener's error corrected
03/16/16Senate Committee report: Favorable with amendment Finance (Senate Journal-page 9)
03/17/16 Scrivener's error corrected
03/22/16Senate Committee Amendment Adopted (Senate Journal-page 11)
03/23/16 Scrivener's error corrected
04/13/16Senate Read second time (Senate Journal-page 26)
04/13/16Senate Roll call Ayes-41 Nays-0 (Senate Journal-page 26)
04/14/16Senate Read third time and returned to House with amendments (Senate Journal-page 18)
04/21/16House Concurred in Senate amendment and enrolled (House Journal-page 33)
04/21/16House Roll call Yeas-102 Nays-0 (House Journal-page 34)
04/26/16 Ratified R 171
04/29/16 Signed By Governor
05/04/16 Effective date 04/29/16



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