Reference is to Printer's Date 5/26/16-H.
Amend the bill, as and if amended, by striking / 2016 / and inserting /2017 / on lines 4 and 6 of page 3, on lines 14 and 25 of page 14, on lines 6, 18, 20, 25, and 33 of page 15, on lines 20, 31, and 43 of page 16, on lines 2, 3, 5, 7, 12, 15, 22, and 26 of page 17, on lines 7, 12, 16, 19, and 33 of page 18, on lines 7, 9, and 12 of page 19, on line 29 of page 21, on line 8 of page 23, on lines 7 and 40 of page 24, on line 12 of page 25, on lines 5, 18, 37, 39, and 42 of page 26, and on lines 5, 11, and 42 of page 27.
Amend the bill further, by striking / , 2015 / on line 26 of page 17 and inserting / of the preceding year /
Amend the bill further, by adding a new SECTION 6A. immediately after SECTION 6, page 15, to read:
/ SECTION 6A. Article 25, Chapter 6, Title 12 of the 1976 Code is amended by adding:
"Section 12-6-3405. If an individual's residence or a business location is determined to be located in North Carolina rather than South Carolina where the individual or business had previously been taxed, then that individual or business shall receive a one-time refundable income tax credit of five thousand dollars for the year in which this section is enacted. This credit is provided because of additional costs that the individual or business may incur as a result of the change of location and shall be limited to one credit per residence or business. Refundable credits resulting in refunds, for the purpose of this section only, are not subject to South Carolina income tax." /
Renumber sections to conform.
Amend title to conform.