H 3420 General Bill, By J.L. Johnson
Summary: Basic universal income
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 11-11-250 SO AS TO CREATE THE "PALMETTO DIVIDEND FUND" TO PROVIDE A FOUR HUNDRED DOLLAR CHECK TO EACH SOUTH CAROLINA CITIZEN OVER THE AGE OF SEVENTEEN EACH YEAR; AND BY ADDING SECTION 12-6-511 SO AS TO PROVIDE AN INCOME TAX RATE INCREASE OF ONE PERCENT ON THE TOP MARGINAL RATE FOR HOUSEHOLDS WITH A SOUTH CAROLINA TAXABLE INCOME BETWEEN $100,000 AND $165,000 AND AN INCREASE OF TWO PERCENT ON THE TOP MARGINAL RATE FOR HOUSEHOLDS WITH A SOUTH CAROLINA TAXABLE INCOME OVER $165,000.
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12/08/22	House	Prefiled
12/08/22	House	Referred to Committee on Ways and Means
01/10/23	House	Introduced and read first time (House Journal-page 163)
01/10/23	House	Referred to Committee on Ways and Means (House Journal-page 163)