View Amendment Current Amendment: 10 to Bill 285

Senator Setzler proposes the following amendment (SF-285.CH0043S):

Amend the bill, as and if amended, SECTION 1, by striking Section 12-6-3870(D)(3) and inserting:

(3) If the South Carolina Department of Revenue determines that the total of the credits claimed in this section by all taxpayers exceeds the limit amount, it shall allow credits only up to those amounts on a first-come, first-served basis. Within the first forty-five days that the credits are available, persons as defined in SECTION 1 are only allowed to claim a total amount of ten thousand dollars in tax credits per person. After the forty fifth day, any remaining tax credits are available to all persons.