South Carolina General Assembly
120th Session, 2013-2014

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Indicates Matter Stricken
Indicates New Matter

S. 941

STATUS INFORMATION

General Bill
Sponsors: Senator Jackson
Document Path: l:\council\bills\agm\18072dg14.docx

Introduced in the Senate on January 15, 2014
Currently residing in the Senate Committee on Finance

Summary: Income tax deduction

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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   1/15/2014  Senate  Introduced and read first time (Senate Journal-page 7)
   1/15/2014  Senate  Referred to Committee on Finance (Senate Journal-page 7)

View the latest legislative information at the website

VERSIONS OF THIS BILL

1/15/2014

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 12-6-1140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEDUCTIONS FROM SOUTH CAROLINA TAXABLE INCOME OF INDIVIDUALS FOR PURPOSES OF THE SOUTH CAROLINA INCOME TAX ACT, SO AS TO ALLOW A DEDUCTION FOR MILITARY PAY AND ALLOWANCES OF A RESIDENT OF THIS STATE ON ACTIVE DUTY IN THE ARMED FORCES OF THE UNITED STATES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 12-6-1140 of the 1976 Code, as last amended by Act 353 of 2008, is further amended by adding an appropriately numbered item at the end to read:

"( )    active duty military pay and allowances received by a resident taxpayer who is a member of the armed forces of the United States on active duty."

SECTION    2.    This act takes effect upon approval by the Governor and first applies in tax years beginning after 2013.

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This web page was last updated on January 21, 2014 at 2:29 PM