South Carolina Legislature




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Session 119 - (2011-2012)Printer Friendly
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S 0136 General Bill, By Campsen and Rose
Similar (H 3092)
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 SO AS 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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12/01/10Senate Prefiled
12/01/10Senate Referred to Committee on Finance
01/11/11Senate Introduced and read first time (Senate Journal-page 66)
01/11/11Senate Referred to Committee on Finance (Senate Journal-page 66)



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