Bill 3390

                    Current Status

Introducing Body:               House
Bill Number:                    3390
Primary Sponsor:                Rudnick
Committee Number:               30
Type of Legislation:            GB
Subject:                        Income tax withholding exemption,
                                additional
Residing Body:                  House
Current Committee:              Ways and Means
Date Tabled:                    Apr 23, 1991
Computer Document Number:       3390
Introduced Date:                Jan 31, 1991
Last History Body:              House
Last History Date:              Apr 23, 1991
Last History Type:              Tabled in Committee
Scope of Legislation:           Statewide
All Sponsors:                   Rudnick
                                Waldrop
                                McBride
Type of Legislation:            General Bill

 Bill  Body    Date          Action Description              CMN
 ----  ------  ------------  ------------------------------  ---
 3390  House   Apr 23, 1991  Tabled in Committee             30
 3390  House   Jan 31, 1991  Introduced, read first time,    30
                             referred to Committee

A BILL

TO AMEND SECTION 12-9-110, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO STATE INCOME TAX WITHHOLDING EXEMPTIONS, SO AS TO ALLOW A TAXPAYER TO CLAIM ADDITIONAL EXEMPTIONS PURSUANT TO REGULATIONS PROMULGATED BY THE SOUTH CAROLINA TAX COMMISSION AND TO REQUIRE THE COMMISSION TO PROMULGATE REGULATIONS FOR CLAIMING ADDITIONAL EXEMPTIONS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 12-9-110 of the 1976 Code, as amended by Section 25K, Part II, Act 170 of 1987, is further amended to read:

"Section 12-9-110. An employee receiving wages is on any day entitled to withholding exemptions in an amount not to exceed the lesser of those allowed pursuant to Internal Revenue Code Section 3402 or those actually claimed for purposes of federal income tax withholding. An employee may claim additional withholding exemptions pursuant to regulations promulgated by the commission."

SECTION 2. The South Carolina Tax Commission shall promulgate regulations authorizing circumstances in which a taxpayer may claim additional personal income tax withholding exemptions to reflect more accurately his tax liability.

SECTION 3. Section 2 of this act takes effect upon approval by the Governor. Section 1 of this act is effective January 1, 1992.