SC S0105 | 2023-2024 | 125th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2023 - 25% progression
Action: 2023-01-10 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend The South Carolina Code Of Laws By Enacting The "long-term Care Tax Credit Act"; And By Adding Section 12-6-3395 So As To Allow A State Individual Income Tax Credit Of Fifteen Percent Of The Total Amount Of Premiums Paid By A Taxpayer Pursuant To A Long-term Care Insurance Contract, Not To Exceed Two Thousand Dollars In A Taxable Year For Each Individual, And To Prohibit A Double Benefit.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Long-term Care Tax Credit Act

Sponsors


History

DateChamberAction
2023-01-10SenateReferred to Committee on Finance
2023-01-10SenateIntroduced and read first time
2022-11-30SenateReferred to Committee on Finance
2022-11-30SenatePrefiled

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1263395(n/a)See Bill Text

South Carolina State Sources


Bill Comments

feedback