Bill Text: SC H4119 | 2023-2024 | 125th General Assembly | Introduced

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Bill Title: Removal of Restrictive Covenants

Spectrum: Moderate Partisan Bill (Democrat 11-3)

Status: (Introduced) 2023-03-09 - Referred to Committee on Judiciary [H4119 Detail]

Download: South_Carolina-2023-H4119-Introduced.html

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South Carolina General Assembly
125th Session, 2023-2024

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-5610 SO AS TO PROVIDE THAT WHEN A POLITICAL SUBDIVISION ISSUES OR RENEWS A BUSINESS LICENSE, IT MAY NOT REQUIRE A FEDERAL OR STATE INCOME TAX RETURN FROM THE BUSINESS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1.   Article 41, Chapter 6, Title 12 of the S.C. Code is amended by adding:

   Section 12-6-5610.   When a political subdivision issues or renews a business license, it may not require a federal or state income tax return from the business.

SECTION 2.   This act takes effect upon approval by the Governor.

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This web page was last updated on March 09, 2023 at 11:18 AM