South Carolina General Assembly
123rd Session, 2019-2020

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H. 3136

STATUS INFORMATION

General Bill
Sponsors: Reps. G.M. Smith, G.R. Smith, Erickson, Clyburn, B. Newton, V.S. Moss, Yow, W. Newton, Clemmons, Moore and Gilliard
Document Path: l:\council\bills\nbd\11135dg19.docx

Introduced in the House on January 8, 2019
Introduced in the Senate on February 5, 2019
Last Amended on January 31, 2019
Currently residing in the Senate Committee on Finance

Summary: Exceptional needs tax credit

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/18/2018  House   Prefiled
  12/18/2018  House   Referred to Committee on Ways and Means
    1/8/2019  House   Introduced and read first time (House Journal-page 99)
    1/8/2019  House   Referred to Committee on Ways and Means 
                        (House Journal-page 99)
   1/29/2019  House   Member(s) request name added as sponsor: W.Newton
   1/30/2019  House   Committee report: Favorable with amendment Ways and 
                        Means (House Journal-page 18)
   1/31/2019  House   Member(s) request name added as sponsor: Clemmons, 
                        Moore, Gilliard
   1/31/2019  House   Amended (House Journal-page 30)
   1/31/2019  House   Read second time (House Journal-page 30)
   1/31/2019  House   Roll call Yeas-106  Nays-1 (House Journal-page 30)
   1/31/2019  House   Unanimous consent for third reading on next legislative 
                        day (House Journal-page 32)
    2/1/2019          Scrivener's error corrected
    2/1/2019  House   Read third time and sent to Senate (House Journal-page 2)
    2/5/2019  Senate  Introduced and read first time (Senate Journal-page 11)
    2/5/2019  Senate  Referred to Committee on Finance (Senate Journal-page 11)

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/18/2018
1/30/2019
1/31/2019
2/1/2019

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

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AMENDED

January 31, 2019

H. 3136

Introduced by Reps. G.M. Smith, G.R. Smith, Erickson, Clyburn, B. Newton, V.S. Moss, Yow, W. Newton, Clemmons, Moore and Gilliard

S. Printed 1/31/19--H.    [SEC 2/1/19 1:33 PM]

Read the first time January 8, 2019.

            

A BILL

TO AMEND SECTION 12-6-3790, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE EXCEPTIONAL NEEDS TAX CREDIT, SO AS TO PROVIDE THAT THE CUMULATIVE MAXIMUM ANNUAL CREDIT AMOUNTS ARE INCREASED TO PROVIDE A SCHOLARSHIP TO ANY EXCEPTIONAL NEEDS CHILD OF A MEMBER OF THE ARMED FORCES OF THE UNITED STATES AND WHO IS EITHER ON ACTIVE DUTY OR WAS KILLED IN THE LINE OF DUTY.

Amend Title To Conform

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

SECTION    1.    Section 12-6-3790(D) of the 1976 Code, as added by Act 247 of 2018, is amended by adding an appropriately numbered item to read:

"( )    Notwithstanding the cumulative total of credits allowed pursuant to item (1), the cumulative amount is increased by an amount necessary to award a scholarship to any desirous exceptional needs child that is the child of a member of the armed forces of the United States and who is either on active duty or was killed in the line of duty. By October first of each year, the Revenue and Fiscal Affairs Office, in consultation with the department and the Education Oversight Committee, shall estimate the amount necessary and as soon as practicable thereafter, the Director of the Revenue and Fiscal Affairs Office shall submit the revised cumulative total to the State Register for publication pursuant to Section 1-23-40(2) , and the revised cumulative total becomes effective upon publication in the State Register and applies to the following tax year."

SECTION    2.    Section 12-6-3790(D)(1)(a) of the 1976 Code is amended to read:

"(D)(1)(a) Tax credits authorized by subsection (H)(1) and subsection (I) annually may not exceed cumulatively a total of twelve twenty million dollars for contributions to the Educational Credit for Exceptional Needs Children's Fund, unless an increased limit is authorized in the annual general appropriations act."

SECTION    3.    This act takes effect upon approval by the Governor and the adjustments first apply to the cumulative total for tax year 2020.

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This web page was last updated on February 6, 2019 at 9:47 AM