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S. 136
STATUS INFORMATION
General Bill
Sponsors: Senators Mescher, Knotts and Bryant
Document Path: l:\s-res\wcm\004cons.mrh.doc
Companion/Similar bill(s): 240, 3431
Introduced in the Senate on January 9, 2007
Currently residing in the Senate Committee on Finance
Summary: Volunteer state constables
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/6/2006 Senate Prefiled 12/6/2006 Senate Referred to Committee on Finance 1/9/2007 Senate Introduced and read first time SJ-85 1/9/2007 Senate Referred to Committee on Finance SJ-85
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 12-6-1140 OF THE 1976 CODE, RELATING TO DEDUCTIONS FROM INDIVIDUAL TAXATION, TO PROVIDE VOLUNTEER STATE CONSTABLES A DEDUCTION IN COMPUTING STATE TAXABLE INCOME.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-6-1140(10) of the 1976 Code is amended to read:
"(10) three thousand dollars for a volunteer firefighter, rescue squad member, or volunteer member of a Hazardous Materials (HAZMAT) Response Team, or a volunteer state constable performing duties pursuant to his appointment under Section 23-1-60, not otherwise eligible for this exemption. For taxable years after 2000, the Board of Economic Advisors annually shall estimate a maximum deduction that may be permitted under this section for a taxable year based on an individual income tax revenue loss of three million one hundred thousand dollars attributable to this deduction and shall certify that maximum deduction to the Department of Revenue and for the applicable taxable year, the maximum deduction amount must not exceed the lesser of the certified estimate or three thousand dollars. Only a A volunteer firefighter, rescue squad member, or volunteer member of a HAZMAT Response Team must earning earn a minimum number of points pursuant to Section 23-9-190 to be is eligible for this deduction."
SECTION 2. This act takes effect upon approval by the Governor and applies beginning with tax year 2007.
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