SC S0121 | 2021-2022 | 124th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2021 - 25% progression, died in committee
Action: 2021-01-12 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2021 - 25% progression, died in committee
Action: 2021-01-12 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The Code Of Laws Of South Carolina, 1976, To Enact The "long-term Care Tax Credit Act" 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.
Title
Long-term Care Tax Credit Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-12 | Senate | Referred to Committee on Finance |
| 2021-01-12 | Senate | Introduced and read first time |
| 2020-12-09 | Senate | Referred to Committee on Finance |
| 2020-12-09 | Senate | Prefiled |
Code Citations
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=0121&session=124&summary=B |
| Text | https://www.scstatehouse.gov/sess124_2021-2022/prever/121_20201209.htm |
