Current Status Introducing Body:Senate Bill Number:25 Primary Sponsor:Passailaigue Committee Number:06 Type of Legislation:JR Subject:Income tax laws Residing Body:Senate Current Committee:Finance Computer Document Number:25 Introduced Date:Jan 08, 1991 Last History Body:Senate Last History Date:Sep 10, 1990 Last History Type:Prefiled, referred to Committee Scope of Legislation:Statewide All Sponsors:Passailaigue Type of Legislation:Joint Resolution
Bill Body Date Action Description CMN
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25 Senate Jan 08, 1991 Introduced and read first 06
time, referred to Committee
25 Senate Sep 10, 1990 Prefiled, referred to 06
Committee
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PROPOSING AN AMENDMENT TO ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO FINANCE AND TAXATION, BY ADDING AN APPROPRIATELY NUMBERED SECTION SO AS TO PROVIDE THAT LAWS ENACTED TO MAINTAIN CONFORMITY OF THE STATE INCOME TAX WITH THE PROVISIONS OF THE FEDERAL INCOME TAX MAY NOT RESULT IN INCREASES OR DECREASES IN THE STATE INCOME TAX LIABILITY OF SIMILAR REPRESENTATIVE CLASSES OF INDIVIDUAL AND CORPORATE TAXPAYERS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. It is proposed that Article X of the Constitution of this State be amended by adding an appropriately numbered section to read:
"Section ( ). No law enacted to maintain conformity of the state income tax with the provisions of the federal income tax may result in increases or decreases in the state income tax liability of similar representative classes of individual and corporate taxpayers."
SECTION 2. The proposed amendment must be submitted to the qualified electors at the next general election for representatives. Ballots must be provided at the various voting precincts with the following words printed or written on the ballot:
"Must Article X of the Constitution of this State relating to finance and taxation be amended by adding an appropriately numbered section so as to provide that laws enacted to maintain conformity of the state income tax with the provisions of the federal income tax may not result in increases or decreases in the state income tax liability of similar representative classes of individual and corporate taxpayers?
Those voting in favor of the question shall deposit a ballot with a check or cross mark in the square after the word 'Yes' and those voting against the question shall deposit a ballot with a check or cross mark in the square after the word 'No'."