Rep. PACE proposes the following amendment (LC-4216.DG0016H):

Amend the bill, as and if amended, SECTION 1, by striking Section 12-6-510(C)(1) and inserting:

(1) Notwithstanding subsections (A) and (B), for taxable years beginning after 2025, a tax is imposed on the South Carolina taxable income of individuals, estates, and trusts and any other entity except those taxed or exempted from taxation under Sections 12-6-530 through 12-6-550 computed at the following rates with the income brackets indexed in accordance with Section 12-6-520:

	At least	But less than	Compute tax as follows
	$0	$30,000	1.99% times the amount
	$30,000	or more	5.395.0% times the amount minus $1,020903

Renumber sections to conform.

Amend title to conform.