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Session 125 - (2023-2024)Printer Friendly
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H 3527 General Bill, By Pace, Magnuson, Beach, S. Jones and White
Summary: Income tax brackets
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-510, RELATING TO INDIVIDUAL INCOME TAXES, SO AS TO PROVIDE THAT THE FIRST ONE MILLION DOLLARS OF TAXABLE INCOME IS TAXED AT A RATE OF ZERO PERCENT AND THE TOP MARGINAL RATE APPLIES THEREAFTER TO AMOUNTS OVER ONE MILLION DOLLARS.
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Summary: Income tax brackets
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-510, RELATING TO INDIVIDUAL INCOME TAXES, SO AS TO PROVIDE THAT THE FIRST ONE MILLION DOLLARS OF TAXABLE INCOME IS TAXED AT A RATE OF ZERO PERCENT AND THE TOP MARGINAL RATE APPLIES THEREAFTER TO AMOUNTS OVER ONE MILLION DOLLARS.
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12/15/22 | House | Prefiled |
12/15/22 | House | Referred to Committee on Ways and Means |
01/10/23 | House | Introduced and read first time (House Journal-page 199) |
01/10/23 | House | Referred to Committee on Ways and Means (House Journal-page 199) |
01/12/23 | House | Member(s) request name added as sponsor: S.Jones, White |