South Carolina Legislature




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Session 118 - (2009-2010)Printer Friendly
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S 0157 General Bill, By Campsen and Rose
Summary: Long-Term Care Tax Credit Act
    A BILL TO AMEND THE 1976 CODE TO ENACT THE "LONG-TERM CARE TAX CREDIT ACT" BY ADDING SECTION 12-6-3395 RELATING TO ANNUAL INFLATION TO ALLOW A STATE INDIVIDUAL INCOME TAX CREDIT OF FIFTEEN PERCENT OF THE TOTAL AMOUNT OF PREMIUMS PAID BY A TAXPAYER PURSUANT TO A LONG-TERM CARE INSURANCE CONTRACT, UP TO THREE HUNDRED FIFTY DOLLARS FOR EACH TAXABLE YEAR FOR EACH CONTRACT, AND TO PROHIBIT A DOUBLE BENEFIT.
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12/10/08Senate Prefiled
12/10/08Senate Referred to Committee on Finance
01/13/09Senate Introduced and read first time SJ-146
01/13/09Senate Referred to Committee on Finance SJ-146



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