H 3339 General Bill, By Harvin, J.M. Baxley, J. Brown, J.H. Burriss, R.S. Corning, E.D. Foxworth, T.E. Huff, T.T. Mappus, J.G. McAbee, I.K. Rudnick, J.J. Snow, C.C. Wells and J.M. White
    A Bill to amend the Code of Laws of South Carolina, 1976, by adding Chapter 110 in Title 59 so as to provide for the South Carolina Education Trust Act; to amend Section 12-7-435, as amended, relating to deductions from South Carolina taxable income, so as to allow the deduction of payments paid by the purchaser of an advance tuition payment contract, to require the South Carolina Education Trust established by this Act to obtain rulings from the Internal Revenue Service and the Securities and Exchange Commission before commencing operations and to provide for an unfavorable ruling and to repeal the Chapter added by this Act if no advance tuition payment contract is entered into by the trust before July 1, 1990.

11/02/87	House	Prefiled
11/02/87	House	Referred to Committee on Ways and Means
01/12/88	House	Introduced and read first time HJ-256
01/12/88	House	Referred to Committee on Ways and Means HJ-256