Current Status Bill Number:
174Type of Legislation: General Bill GBIntroducing Body: SenateIntroduced Date: 19950110Primary Sponsor: RoseAll Sponsors: RoseDrafted Document Number: JIC\5079HTC.95Residing Body: SenateCurrent Committee: Finance Committee 06 SFSubject: Indigent patients, income tax credit for physician
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19950110 Introduced, read first time, 06 SF referred to Committee Senate 19941017 Prefiled, referred to Committee 06 SFView additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-7-1257 SO AS TO ALLOW A STATE INCOME TAX CREDIT FOR A LICENSED PHYSICIAN WHO PROVIDES PROFESSIONAL SERVICES TO AN INDIGENT PATIENT IN AN AMOUNT EQUAL TO FIVE PERCENT OF THE AMOUNT THAT WOULD BE PAID BY THE STATE HEALTH PLAN FOR THE SERVICES PROVIDED.
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 12-7-1257. A licensed physician who provides professional health care services to an indigent person and who receives no payment or reimbursement from any source for the services provided is allowed a nonrefundable credit against the tax imposed pursuant to Section 12-7-210 in an amount equal to five percent of the amount that would be paid by the State Health Plan for the services provided after all deductibles and copayments have been paid. Unused credits may be carried forward for the five succeeding taxable years. The Department of Revenue and Taxation may prescribe forms and reporting requirements and promulgate regulations as necessary to implement the provisions of this section."
SECTION 2. Upon approval by the Governor, this act is effective for taxable years beginning after 1994.