South Carolina General Assembly
112th Session, 1997-1998

Bill 1105


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                       1105
Type of Legislation:               General Bill GB
Introducing Body:                  Senate
Introduced Date:                   19980310
Primary Sponsor:                   Grooms
All Sponsors:                      Grooms and Fair 
Drafted Document Number:           res1593.lkg
Residing Body:                     Senate
Current Committee:                 Finance Committee 06 SF
Subject:                           Income tax exemptions, pre-born
                                   child or children as dependent;
                                   Taxation, Minors



History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

Senate  19980310  Introduced, read first time,             06 SF
                  referred to Committee



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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND ARTICLE 9, CHAPTER 6, TITLE 12, CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-1165 SO AS TO PROVIDE A TAX EXEMPTION FOR A PRE-BORN CHILD OR CHILDREN AS A DEPENDENT FOR SOUTH CAROLINA INCOME TAX PURPOSES.

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

SECTION 1. Article 9, Chapter 6, Title 12 of the 1976 Code is amended by adding:

"Section 12-6-1165. In addition to the tax exemptions authorized for dependents under federal law, a South Carolina resident may claim a pre-born child or children as a dependent for South Carolina income tax purposes. However, the taxpayer may not claim two exemptions in the same tax year for the same child. The amount of the exemption is the same as authorized by the Internal Revenue Service for dependent children as specified in the Internal Revenue Code, as adopted by reference. By claiming the exemption, in the event of an audit, the taxpayer consents to the release of a physician's statement declaring proof of pregnancy."

SECTION 2. The department is instructed to make the necessary and appropriate adjustments to tax forms and instructional materials to facilitate this exemption.

SECTION 3. This act takes effect upon approval by the Governor, beginning with tax years after 1997.

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