S 309 Session 108 (1989-1990)
S 0309 General Bill, By Senate Finance
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
12-7-439 so as to allow a deduction from South Carolina taxable income of
individuals, partnerships, estates, and trusts equal to fourteen percent of
net long-term capital gains for taxable years beginning in 1990, twenty-nine
percent for taxable years beginning in 1991, forty-three percent for taxable
years beginning in 1992, and fifty-seven percent for taxable years beginning
after 1992.
02/02/89 Senate Introduced, read first time, placed on calendar
without reference SJ-11
03/23/89 Senate Recommitted to Committee on Finance SJ-9
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