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Session 120 - (2013-2014)Printer Friendly
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S 0056 General Bill, By Campsen
Summary: Long-Term Care Tax Credit Act
    A BILL TO ENACT THE "LONG-TERM CARE TAX CREDIT ACT" BY ADDING SECTION 12-6-3395, CODE OF LAWS OF SOUTH CAROLINA, 1976, TO ALLOW A STATE INDIVIDUAL INCOME TAX CREDIT OF FIFTEEN PERCENT OF THE TOTAL AMOUNT OF PREMIUMS PAID BY A TAXPAYER PURSUANT TO A LONG-TERM CARE INSURANCE CONTRACT, NOT TO EXCEED THREE HUNDRED FIFTY DOLLARS IN A TAXABLE YEAR FOR EACH INDIVIDUAL COVERED BY SUCH A CONTRACT, AND TO PROHIBIT A DOUBLE BENEFIT.
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12/13/12Senate Prefiled
12/13/12Senate Referred to Committee on Finance
01/08/13Senate Introduced and read first time (Senate Journal-page 52)
01/08/13Senate Referred to Committee on Finance (Senate Journal-page 52)



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