SC H5477 | 2019-2020 | 123rd General Assembly
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on May 12 2020 - 25% progression, died in committee
Action: 2020-05-12 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 12 2020 - 25% progression, died in committee
Action: 2020-05-12 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The Code Of Laws Of South Carolina, 1976, By Adding Section 12-6-1230 So As To Allow A Taxpayer, On Their 2019 Tax Return, To Deduct A Net Operating Loss That Has Or Will Occur In Tax Year 2020 As A Result Of The Covid-19 Pandemic.
Title
Tax deductions
Sponsors
| Rep. Nancy Mace [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-12 | House | Referred to Committee on Ways and Means |
| 2020-05-12 | House | Introduced and read first time |
Code Citations
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=5477&session=123&summary=B |
| Text | https://www.scstatehouse.gov/sess123_2019-2020/prever/5477_20200512.htm |
