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Session 109 - (1991-1992)Printer Friendly
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S 0348 General Bill, By H.U. Fielding
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Chapter 110 in Title 59 so as to provide for the South Carolina Tuition Account Program Act; to amend Section 12-7-435, as amended, relating to deductions from South Carolina taxable income, so as to allow the deduction of payments paid by the purchaser of an advance tuition payment contract, to require the tuition account program agency established by this Act to obtain rulings from the Internal Revenue Service and the Securities and Exchange Commission before commencing operations and to provide for an unfavorable ruling.
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A Bill to amend the Code of Laws of South Carolina, 1976, by adding Chapter 110 in Title 59 so as to provide for the South Carolina Tuition Account Program Act; to amend Section 12-7-435, as amended, relating to deductions from South Carolina taxable income, so as to allow the deduction of payments paid by the purchaser of an advance tuition payment contract, to require the tuition account program agency established by this Act to obtain rulings from the Internal Revenue Service and the Securities and Exchange Commission before commencing operations and to provide for an unfavorable ruling.
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| 12/10/90 | Senate | Prefiled |
| 12/10/90 | Senate | Referred to Committee on Education |
| 01/08/91 | Senate | Introduced and read first time SJ-118 |
| 01/08/91 | Senate | Referred to Committee on Education SJ-118 |