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Indicates Matter Stricken
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S. 820
STATUS INFORMATION
General Bill
Sponsors: Senator Jackson
Document Path: l:\council\bills\bh\26034dg14.docx
Introduced in the Senate on January 14, 2014
Currently residing in the Senate Committee on Finance
Summary: Income tax credit
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/10/2013 Senate Prefiled 12/10/2013 Senate Referred to Committee on Finance 1/14/2014 Senate Introduced and read first time (Senate Journal-page 34) 1/14/2014 Senate Referred to Committee on Finance (Senate Journal-page 34)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-3785 SO AS TO ALLOW AN INDIVIDUAL TAXPAYER TO CLAIM AN INCOME TAX CREDIT IF THE INDIVIDUAL SERVES AS A CAREGIVER, AND TO SET THE AMOUNT OF THE CREDIT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 25, Chapter 6, Title 12 of the 1976 Code is amended by adding:
"Section 12-6-3785. (A) An individual taxpayer may claim a credit against the income tax imposed pursuant to this chapter if the individual serves as a caregiver to an eligible person and is not compensated for the care. The credit is equal to one hundred dollars for each month in which the care is provided if the caregiver is unable to work as a result of the care, and fifty dollars for each month in which the care is provided if the caregiver is able to work.
(B) For purposes of this section, an 'eligible person' is a person who has lost the ability to perform two of the following activities without substantial assistance for a period that is expected to continue for at least ninety days:
(1) bathing;
(2) continence;
(3) dressing;
(4) eating;
(5) toileting; or
(6) mobility.
'Eligible person' also includes a child that has physical, mental, or emotional disabilities.
(C) To claim the credit allowed by this section, the individual taxpayer must provide a statement from a doctor stating that the 'eligible person' qualifies as such pursuant to subsection (B). The department shall prescribe the form by which a doctor may make the statement.
(D) The department may require whatever other proof it determines necessary to determine eligibility for the credit."
SECTION 2. This act takes effect upon approval by the Governor and applies to tax years beginning after 2013.
This web page was last updated on January 15, 2014 at 9:03 AM