South Carolina General Assembly
126th Session, 2025-2026

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A63, R90, S507

STATUS INFORMATION

General Bill
Sponsors: Senators Peeler, Alexander and Turner
Document Path: LC-0207DG25.docx

Introduced in the Senate on March 27, 2025
Introduced in the House on April 30, 2025
Currently residing in the House
Governor's Action: May 22, 2025, Signed

Summary: IRC conformity

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
3/27/2025 Senate Introduced and read first time (Senate Journal-page 4)
3/27/2025 Senate Referred to Committee on Finance (Senate Journal-page 4)
4/23/2025 Senate Polled out of committee Finance (Senate Journal-page 11)
4/23/2025 Senate Committee report: Favorable Finance (Senate Journal-page 11)
4/24/2025 Senate Read second time (Senate Journal-page 37)
4/24/2025 Senate Roll call Ayes-39 Nays-0 (Senate Journal-page 37)
4/29/2025 Senate Read third time and sent to House (Senate Journal-page 25)
4/30/2025 House Introduced and read first time (House Journal-page 109)
4/30/2025 House Referred to Committee on Ways and Means (House Journal-page 109)
5/6/2025 House Committee report: Favorable Ways and Means (House Journal-page 2)
5/7/2025 House Read second time (House Journal-page 24)
5/7/2025 House Roll call Yeas-109 Nays-2 (House Journal-page 25)
5/8/2025 House Read third time and enrolled (House Journal-page 81)
5/20/2025 Ratified R 90
5/22/2025 Signed By Governor
5/27/2025 Effective date 05/22/25
5/27/2025 Act No. 63

View the latest legislative information at the website

VERSIONS OF THIS BILL

03/27/2025
04/23/2025
05/06/2025


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

NOTE: THIS IS A TEMPORARY VERSION. THIS DOCUMENT WILL REMAIN IN THIS VERSION UNTIL FINAL APPROVAL BY THE LEGISLATIVE COUNCIL.

(A63, R90, S507)

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-40, RELATING TO APPLICATION OF FEDERAL INTERNAL REVENUE CODE TO STATE TAX LAWS, SO AS TO UPDATE THE REFERENCE TO THE INTERNAL REVENUE CODE TO THE YEAR 2024, AND TO PROVIDE THAT IF THE INTERNAL REVENUE CODE SECTIONS ADOPTED BY THIS STATE ARE EXTENDED, THEN THESE SECTIONS ALSO ARE EXTENDED FOR SOUTH CAROLINA INCOME TAX PURPOSES.

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

Internal Revenue Code conformity

SECTION 1.    Section 12-6-40(A)(1)(a) and (c) of the S.C. Code is amended to read:

(a) Except as otherwise provided, "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended through December 31, 2024, and includes the effective date provisions contained in it.

(c) If Internal Revenue Code sections adopted by this State which expired or portions thereof expired on December 31, 2024, are extended, but otherwise not amended, by congressional enactment during 2025, these sections or portions thereof also are extended for South Carolina income tax purposes in the same manner that they are extended for federal income tax purposes.

Time effective

SECTION 2.    This act takes effect upon approval by the Governor.

Ratified the 20th day of May, 2025.

Approved the 22nd day of May, 2025.

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This web page was last updated on May 27, 2025 at 11:37 AM