SC S1034 | 2019-2020 | 123rd General Assembly

South Carolina Senate Bill 1034 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 23 2020 - 25% progression, died in committee
Action: 2020-01-23 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend Section 12-6-510, Code Of Laws Of South Carolina, 1976, Relating To Income Tax Rates For Individuals, Estates, And Trusts, So As To Reduce Each Tax Rate By One Percent Over A Five-year Period In Certain Circumstances; And To Repeal Section 12-6-515 Relating To A Bracket Reduction.

Title

Income tax rates

History

Date	Chamber	Action
2020-01-23	Senate	Referred to Committee on Finance
2020-01-23	Senate	Introduced and read first time

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
12	6	510	(n/a)	See Bill Text
12	6	515	(n/a)	See Bill Text

South Carolina State Sources

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1034&session=123&summary=B
Text	https://www.scstatehouse.gov/sess123_2019-2020/prever/1034_20200123.htm