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
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19980310 Introduced, read first time, 06 SF referred to CommitteeView additional legislative information at the LPITS web site.
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.