S 1330 General Bill, By Grooms
Summary: Owner-occupied residence
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-3337 SO AS TO ALLOW A REFUNDABLE STATE INDIVIDUAL INCOME TAX CREDIT EQUAL TO THE AMOUNT BY WHICH PROPERTY TAX PAID ON THE TAXPAYER'S OWNER-OCCUPIED RESIDENCE IN A TAXABLE YEAR EXCEEDS TWO PERCENT OF THE TAXPAYER'S GROSS HOUSEHOLD INCOME, TO DEFINE GROSS HOUSEHOLD INCOME, AND TO PROVIDE FOR A SEPARATE ABBREVIATED CLAIM FORM FOR A TAXPAYER NOT REQUIRED TO FILE A FEDERAL AND STATE INDIVIDUAL INCOME TAX RETURN.
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04/11/06	Senate	Introduced and read first time SJ-5
04/11/06	Senate	Referred to Committee on Finance SJ-5