SC S0090 | 2019-2020 | 123rd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-01-08 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend Section 12-6-3515 Of The 1976 Code, Relating To The State Income Tax Credit For Conservation Or A Qualified Conservation Contribution Of Real Property, To Provide That The Credit Equals Twenty-five Percent Of The Total Value Of The Gift Rather Than Twenty-five Percent Of The Charitable Deduction For The Gift Allowed On The Taxpayer's Federal Income Tax Return, To Increase The Maximum Annual Credit Allowed A Taxpayer From Fifty-two Thousand, Five Hundred Dollars To One Hundred Fifty Thousand Dollars, To Adjust The Maximum Annual Credit For Increases In The Consumer Price Index, And To Delete Obsolete Provisions.

Tracking Information

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Title

Income tax credit for conservation

Sponsors


History

DateChamberAction
2019-01-08SenateReferred to Committee on Finance
2019-01-08SenateIntroduced and read first time
2018-12-12SenateReferred to Committee on Finance
2018-12-12SenatePrefiled

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1263515(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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