H 2881 Session 103 (1979-1980)
H 2881 General Bill, By M.R. Daniel, W.G. DesChamps, T.W. Edwards,
T.L. Hughston and R. Schwartz
Similar(H 2537)
A Bill to amend Section 12-7-700, Code of Laws of South Carolina, 1976, as
amended, relating to deductions which are allowable in computing net income,
so as to eliminate the requirement that a business or industry must be a new
business or industry or must be an additional business or industry before a
taxpayer shall be permitted to take advantage of certain net operating loss
carryover rules and to allow such carryover deductions for a period of five
years instead of three.
04/12/79 House Introduced and read first time HJ-1404
04/12/79 House Referred to Committee on Ways and Means HJ-1404
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