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Session 104 - (1981-1982)Printer Friendly
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S*0284 (Rat #0108, Act #0069 of 1981) General Bill, By J.M. Waddell, Leatherman, H. Rubin and H.P. Smith
Similar (H 2525)
A Bill to amend Section 12-7-660, as amended, Code of Laws of South Carolina, 1976, relating to exclusions from income for income tax purposes, so as to provide for exclusion of a portion of dividends and interest received; to amend Section 12-7-700, as amended, relating to deductions allowed in computing net income, so as to modify the allowances for taxes, casualty losses and medical expenses; to amend Chapter 7 of Title 12 of the 1976 Code, relating to income tax by adding Sections 12-7-211 and 12-7-212, so as to provide for a tax table for adjusted gross income up to twenty thousand dollars; to amend Sections 12-7-710 and 12-7-720, relating to the standard deduction, so as to increase the maximum from five hundred dollars to one thousand dollars and to limit the election to use the standard deduction to certain persons; to amend Section 12-7-310, relating to income tax exemptions, to permit certain exemptions for widows of certain retired military personnel; and to repeal Article 15 of Chapter 7, Title 12, relating to existing gross income tax tables.-at
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Similar (H 2525)
A Bill to amend Section 12-7-660, as amended, Code of Laws of South Carolina, 1976, relating to exclusions from income for income tax purposes, so as to provide for exclusion of a portion of dividends and interest received; to amend Section 12-7-700, as amended, relating to deductions allowed in computing net income, so as to modify the allowances for taxes, casualty losses and medical expenses; to amend Chapter 7 of Title 12 of the 1976 Code, relating to income tax by adding Sections 12-7-211 and 12-7-212, so as to provide for a tax table for adjusted gross income up to twenty thousand dollars; to amend Sections 12-7-710 and 12-7-720, relating to the standard deduction, so as to increase the maximum from five hundred dollars to one thousand dollars and to limit the election to use the standard deduction to certain persons; to amend Section 12-7-310, relating to income tax exemptions, to permit certain exemptions for widows of certain retired military personnel; and to repeal Article 15 of Chapter 7, Title 12, relating to existing gross income tax tables.-at
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| 03/05/81 | Senate | Introduced and read first time SJ-6 |
| 03/05/81 | Senate | Referred to Committee on Finance SJ-6 |
| 04/01/81 | Senate | Committee report: Favorable Finance SJ-11 |
| 04/09/81 | Senate | Read second time SJ-22 |
| 04/14/81 | Senate | Read third time and sent to House SJ-15 |
| 04/15/81 | House | Introduced and read first time HJ-1853 |
| 04/15/81 | House | Referred to Committee on Ways and Means HJ-1854 |
| 04/29/81 | House | Committee report: Favorable Ways and Means HJ-2097 |
| 05/06/81 | House | Amended HJ-2238 |
| 05/06/81 | House | Read second time HJ-2239 |
| 05/07/81 | House | Read third time HJ-2282 |
| 05/07/81 | House | Returned HJ-2282 |
| 05/12/81 | Senate | House amendment amended SJ-15 |
| 05/12/81 | Senate | Returned SJ-15 |
| 05/13/81 | House | Concurred in Senate amendment and enrolled HJ-2396 |
| 05/19/81 | Senate | Ratified R 108 SJ-6 |
| 05/21/81 | Signed By Governor | |
| 05/21/81 | Effective date Tax years beginning after 12/31/81 | |
| 05/21/81 | Act No. 69 | |
| 06/02/81 | Copies available |