South Carolina General Assembly
125th Session, 2023-2024

Download This Bill in Microsoft Word Format

Indicates Matter Stricken
Indicates New Matter

H. 3115

STATUS INFORMATION

General Bill
Sponsors: Reps. B.L. Cox, McCravy, Leber, Lawson, Taylor, Pope, Beach, Nutt, Oremus, Bauer, Gilliam, Landing, Guffey, O'Neal, Howard, Pace, Davis, Schuessler, M.M. Smith, Brittain, Guest, T. Moore, B. Newton, Williams, Atkinson, Hardee, Sessions, Hiott, Caskey, McDaniel, J.L. Johnson, Murphy, W. Jones and Brewer
Document Path: LC-0011SA23.docx

Introduced in the House on January 10, 2023
Currently residing in the House

Summary: Disabled Veteran Income Tax Credit

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
12/8/2022 House Prefiled
12/8/2022 House Referred to Committee on Ways and Means
1/10/2023 House Introduced and read first time (House Journal-page 69)
1/10/2023 House Referred to Committee on Ways and Means (House Journal-page 69)
1/11/2023 House Member(s) request name added as sponsor: Beach
1/17/2023 House Member(s) request name added as sponsor: Nutt
1/19/2023 House Member(s) request name added as sponsor: Oremus
1/26/2023 House Member(s) request name added as sponsor: Bauer
1/31/2023 House Member(s) request name added as sponsor: Gilliam
2/1/2023 House Member(s) request name added as sponsor: Landing
4/5/2023 House Member(s) request name added as sponsor: Guffey, O'Neal
1/24/2024 House Member(s) request name added as sponsor: Howard, Pace, Davis, Schuessler, M.M. Smith, Brittain, Guest, T. Moore, B. Newton, Williams, Atkinson, Hardee, Sessions, Hiott, Caskey, McDaniel, J.L. Johnson, Murphy, W. Jones, Brewer

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/08/2022



A bill

to amend the South Carolina Code of Laws by adding Section 12-6-3810 so as to provide for an income tax credit for disabled veterans.

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

SECTION 1.   Article 25, Chapter 6, Title 12 of the S.C. Code is amended by adding:

   Section 12-6-3810.   A veteran who has a disability rating issued by the United States Department of Veteran Affairs is allowed a nonrefundable income tax credit equal to the product of his disability rating percent and his income tax liability. However, the amount of the credit may not exceed five thousand dollars each year. The department may require documentation that it considers necessary to administer the credit.

SECTION 2.   This act takes effect upon approval by the Governor and first applies to tax years beginning after 2022.

----XX----

This web page was last updated on January 24, 2024 at 2:51 PM