S 1075 Session 109 (1991-1992)
S 1075 General Bill, By M.T. Rose
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
12-7-1219 so as to allow a tax credit for employers who provide employees paid
maternity leave or paid leave in connection with an employee's adoption of a
child.
10/21/91 Senate Prefiled
10/21/91 Senate Referred to Committee on Finance
01/14/92 Senate Introduced and read first time SJ-22
01/14/92 Senate Referred to Committee on Finance SJ-22
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976,
BY ADDING SECTION 12-7-1219 SO AS TO ALLOW A TAX
CREDIT FOR EMPLOYERS WHO PROVIDE EMPLOYEES PAID
MATERNITY LEAVE OR PAID LEAVE IN CONNECTION WITH
AN EMPLOYEE'S ADOPTION OF A CHILD.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 10, Chapter 7, Title 12 of the 1976 Code is
amended by adding:
"Section 12-7-1219. An employer who provides (1) paid
maternity leave for an employee or (2) paid leave in connection with the
employee's adoption of a child, and the leave provided is in addition to
other types of paid leave provided by the employer, is allowed a credit
against the tax imposed pursuant to this chapter, Chapters 11 and 13 of
this title, and Chapter 7 of Title 38 in an amount equal to the
compensation paid the employee while on leave. The credit allowed
may not exceed one thousand dollars in connection with the leave
provided any one employee in one year. The credit must be claimed
against the tax liability for the taxable year in which the period of leave
ended. Unused credit may be carried forward to the five succeeding
taxable years. The commission shall prescribe the appropriate forms and
procedures to implement the credit allowed by this section."
SECTION 2. This act takes effect upon approval by the Governor
and applies with respect to taxable years beginning after 1991.
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