Current Status Introducing Body:House Bill Number:3971 Primary Sponsor:Keegan Committee Number:30 Type of Legislation:GB Subject:Income tax deductions, aging Residing Body:House Current Committee:Judiciary Computer Document Number:436/11691.DW Introduced Date:May 02, 1991 Last History Body:House Last History Date:May 02, 1991 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Keegan Type of Legislation:General Bill
Bill Body Date Action Description CMN
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3971 House May 02, 1991 Introduced, read first time, 30
referred to Committee
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TO AMEND SECTION 12-7-435, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEDUCTIONS FROM SOUTH CAROLINA TAXABLE INCOME, SO AS TO ALLOW A DEDUCTION FOR A SIXTY-FIVE YEAR OLD PERSON, OR HIS SPOUSE, WHO IS INELIGIBLE FOR A DEDUCTION UNDER OTHER PROVISIONS OF THIS SECTION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-7-435 of the 1976 Code, as last amended by Act 189 of 1989, is further amended by adding a new item appropriately numbered to read:
"( ) A taxpayer who has attained the age of sixty-five, or his surviving spouse, who is ineligible for a deduction from income allowed pursuant to items (a), (b), (c), (d), and (e) of this section is allowed a deduction not to exceed three thousand dollars of taxable income."
SECTION 2. This act, upon approval by the Governor, is effective for tax years 1991 and thereafter.