Current Status Bill Number:4466 Ratification Number:282 Act Number:268 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19980121 Primary Sponsor:Sheheen All Sponsors:Sheheen and H. Brown Drafted Document Number:jic\5162htc.98 Date Bill Passed both Bodies:19980204 Date of Last Amendment:19980203 Governor's Action:S Date of Governor's Action:19980220 Subject:Income tax, reference date updated whereby state adopts Internal Revenue Code of 1986; Taxation
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19980306 Act No. A268 ------ 19980220 Signed by Governor ------ 19980217 Ratified R282 House 19980204 Concurred in Senate amendment, enrolled for ratification Senate 19980203 Read third time, returned to House with amendment Senate 19980203 Amended Senate 19980203 Reconsidered whereby read third time Senate 19980203 Recalled from Legislative Council Senate 19980130 Read third time, enrolled for ratification Senate 19980129 Read second time, unanimous consent for third reading on Friday, 19980130 Senate 19980128 Recalled from Committee, 06 SF placed on the Calendar Senate 19980127 Introduced, read first time, 06 SF referred to Committee House 19980123 Read third time, sent to Senate House 19980122 Unanimous consent for third reading on the next Legislative day House 19980122 Read second time House 19980121 Introduced, read first time, placed on Calendar without referenceView additional legislative information at the LPITS web site.
(A268, R282, H4466)
AN ACT TO AMEND SECTION 12-6-40, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS FOR PURPOSES OF THE STATE INCOME TAX, SO AS TO UPDATE THE REFERENCE DATE WHEREBY THIS STATE ADOPTS VARIOUS PROVISIONS OF THE INTERNAL REVENUE CODE OF 1986.
Be it enacted by the General Assembly of the State of South Carolina:
Reference date
SECTION 1. Section 12-6-40(A) of the 1976 Code, as last amended by Section 10A, Part II, Act 155 of 1997, is further amended to read:
(A) 'Internal Revenue Code' means the Internal Revenue Code of 1986 as amended through December 31, 1997, and includes the effective date provisions contained therein.
Time effective
SECTION 2. This act is effective for taxable years beginning after 1996.
Approved the 20th day of February, 1998.