S 0033 General Bill, By Passailaigue, Ford, Mescher, Reese, Rankin and Branton
Similar (H 3454)
Summary: Income tax rates, maximum on businesses, corporations, partnerships; owner, shareholder, etc. of; Taxation
    A BILL TO AMEND CHAPTER 6 OF TITLE 12 OF THE CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE IMPOSITION OF TAX RATES, BY ADDING SECTION 12-6-515 SO AS TO PROVIDE A MAXIMUM FIVE PERCENT STATE INCOME TAX RATE ON SOUTH CAROLINA TAXABLE INCOME RECEIVED BY A TAXPAYER IN THE TAXPAYER'S CAPACITY AS A SOLE PROPRIETOR OF A BUSINESS, SHAREHOLDER OF A SUBCHAPTER "S" CORPORATION, PARTNER IN A PARTNERSHIP, OR MEMBER OF A LIMITED LIABILITY COMPANY.
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01/10/01	Senate	Introduced and read first time SJ-16
01/10/01	Senate	Referred to Committee on Finance SJ-16