S 165 Session 110 (1993-1994)
S 0165 General Bill, By M.T. Rose
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
12-7-1219 so as to allow a tax credit for employers who provide employees paid
maternity leave or paid leave in connection with an employee's adoption of a
child.
01/12/93 Senate Introduced and read first time SJ-69
01/12/93 Senate Referred to Committee on Finance SJ-70
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976,
BY ADDING SECTION 12-7-1219 SO AS TO ALLOW A TAX
CREDIT FOR EMPLOYERS WHO PROVIDE EMPLOYEES PAID
MATERNITY LEAVE OR PAID LEAVE IN CONNECTION WITH
AN EMPLOYEE'S ADOPTION OF A CHILD.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 10, Chapter 7, Title 12 of the 1976 Code is
amended by adding:
"Section 12-7-1219. An employer who provides (1) paid
maternity leave for an employee or (2) paid leave in connection with
the employee's adoption of a child, and the leave provided is in
addition to other types of paid leave provided by the employer, is
allowed a credit against the tax imposed pursuant to this chapter,
Chapters 11 and 13 of this title, and Chapter 7 of Title 38 in an
amount equal to the compensation paid the employee while on leave.
The credit allowed may not exceed one thousand dollars in connection
with the leave provided any one employee in one year. The credit
must be claimed against the tax liability for the taxable year in which
the period of leave ended. Unused credit may be carried forward to
the five succeeding taxable years. The commission shall prescribe the
appropriate forms and procedures to implement the credit allowed by
this section."
SECTION 2. This act takes effect upon approval by the Governor
and applies with respect to taxable years beginning after 1992.
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