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Session 121 - (2015-2016)Printer Friendly
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S 0155 General Bill, By Shealy, Turner, Hembree, Grooms and Bryant
Summary: Income tax
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-517 SO AS TO REPLACE THE INCOME TAX IMPOSED ON THE TAXABLE INCOME OF INDIVIDUALS, ESTATES, TRUSTS, AND CERTAIN OTHER ENTITIES IN TAX YEARS BEGINNING AFTER 2014 BY REDUCING THE RATE OF TAXATION BY 1.4 PERCENT EACH YEAR UNTIL THE TAX RATE FOR ALL BRACKETS IS ZERO PERCENT.
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12/03/14Senate Prefiled
12/03/14Senate Referred to Committee on Finance
01/13/15Senate Introduced and read first time (Senate Journal-page 106)
01/13/15Senate Referred to Committee on Finance (Senate Journal-page 106)



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