S 150 Session 112 (1997-1998)
S 0150 General Bill, By M.T. Rose
A BILL TO AMEND ARTICLE 10, CHAPTER 7, TITLE 12, CODE OF LAWS OF SOUTH
CAROLINA, 1976, BY ADDING SECTION 12-7-1219, SO AS TO ALLOW A TAX CREDIT FOR
EMPLOYERS WHO PROVIDE EMPLOYEES PAID MATERNITY LEAVE OR PAID LEAVE IN
CONNECTION WITH AN EMPLOYEE ADOPTION OF A CHILD.
01/14/97 Senate Introduced and read first time SJ-139
01/14/97 Senate Referred to Committee on Finance SJ-139
A BILL
TO AMEND ARTICLE 10, CHAPTER 7, TITLE 12, CODE OF
LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION
12-7-1219, SO AS TO ALLOW A TAX CREDIT FOR
EMPLOYERS WHO PROVIDE EMPLOYEES PAID MATERNITY
LEAVE OR PAID LEAVE IN CONNECTION WITH AN
EMPLOYEE'S ADOPTION OF A CHILD.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. Article 10, Chapter 7, Title 12 of the 1976 Code is
amended by adding:
"Section 12-7-1219. An employer who provides (1) paid
maternity leave for an employee or (2) paid leave in connection with
the employee's adoption of a child, and the leave provided is in
addition to other types of paid leave provided by the employer, is
allowed a credit against the tax imposed pursuant to this chapter,
Chapters 11 and 13 of this title, and Chapter 7 of Title 38, in an
amount equal to the compensation paid the employee while on leave.
The credit allowed may not exceed one thousand dollars in
connection with the leave provided any one employee in one year.
The credit must be claimed against the tax liability for the taxable
year in which the period of leave ended. Unused credit may be
carried forward for the five succeeding taxable years. The
department shall prescribe the appropriate forms and procedures to
implement the credit allowed by this section."
SECTION 2. This act takes effect upon approval by the Governor
and applies with respect to taxable years beginning after 1996.
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