H 3699 Session 109 (1991-1992)
H 3699 General Bill, By J.J. Bailey
A Bill to amend Section 12-7-1260, Code of Laws of South Carolina, 1976,
relating to the tax credit allowed employees for capital costs of establishing
employee child care programs, so as to make the credit available to a taxpayer
establishing a child care program for the general public on city, county, or
state-owned recreational property.
03/19/91 House Introduced and read first time HJ-27
03/19/91 House Referred to Committee on Ways and Means HJ-27
A BILL
TO AMEND SECTION 12-7-1260, CODE OF LAWS OF SOUTH
CAROLINA, 1976, RELATING TO THE TAX CREDIT ALLOWED
EMPLOYEES FOR CAPITAL COSTS OF ESTABLISHING
EMPLOYEE CHILD CARE PROGRAMS, SO AS TO MAKE THE
CREDIT AVAILABLE TO A TAXPAYER ESTABLISHING A
CHILD CARE PROGRAM FOR THE GENERAL PUBLIC ON CITY,
COUNTY, OR STATE-OWNED RECREATIONAL PROPERTY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-7-1260 of the 1976 Code, as added by
Section 43, Part II, Act 189 of 1989, is amended by adding:
"(F) The credits allowed by this section are also available
to taxpayers establishing a child care program for the general public on
city, county, or state-owned recreational property."
SECTION 2. This act takes effect upon approval by the Governor.
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