South Carolina Legislature


 

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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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