South Carolina Legislature




Instructions


 
Loading...
Session 125 - (2023-2024)Printer Friendly
(pdf format)
S 0105 General Bill, By Campsen
Summary: Long-term Care Tax Credit Act
    A BILL TO 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.
View full text
11/30/22Senate Prefiled
11/30/22Senate Referred to Committee on Finance
01/10/23Senate Introduced and read first time (Senate Journal-page 61)
01/10/23Senate Referred to Committee on Finance (Senate Journal-page 61)



Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v