S 0226 General Bill, By McConnell and Passailaigue
Similar (H 3352)
Summary: Long-term care insurance premiums, income tax credit for, provisions; Aging, Residential Care Facilities, Taxation
    A BILL TO AMEND ARTICLE 25, CHAPTER 6, TITLE 12, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CREDITS APPLIED AGAINST STATE INCOME TAX LIABILITY, BY ADDING SECTION 12-6-3395 SO AS TO ALLOW A 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.
View full text

01/30/01	Senate	Introduced and read first time SJ-8
01/30/01	Senate	Referred to Committee on Finance SJ-8