View Amendment Current Amendment: 26 to Bill 4894 Rep. STAVRINAKIS proposes the following Amendment No. to H. 4894 (COUNCIL\NBD\12305AC12):

Reference is to Printer's Date 3/8/12-H.

Amend the bill, as and if amended, by deleting Section 12-6-1145(B)(1) on page 2, lines 23-34 and inserting:

/      (B)(1)      Beginning with the 2012-2013 school year, a parent or legal guardian who teaches one or more qualifying students at home as authorized pursuant to Section 59-65-40, 59-65-45, or 59-65-47 or a parent or legal guardian of one or more children in public school may take a deduction against their State of South Carolina taxable income of up to two thousand dollars per home school student or per public school student for instruction-related expenditures. This deduction is limited to a total of two thousand dollars per child per year regardless of the number of taxpayers incurring home school or public school instruction-related expenses on behalf of that child. The deduction allowed by this subsection is fully deductible for the calendar year in which the home school or public school term begins provided the qualifying student completes the school term for that school year.      /

Renumber sections to conform.
Amend title to conform.