2019-2020 Bill 4241: Income tax deductions - South ...



South Carolina General Assembly123rd Session, 2019-2020H. 4241STATUS INFORMATIONGeneral BillSponsors: Reps. Martin, Atkinson, Sottile and HugginsDocument Path: l:\council\bills\nbd\11265dg19.docxCompanion/Similar bill(s): 266Introduced in the House on March 13, 2019Currently residing in the House Committee on Ways and MeansSummary: Income tax deductionsHISTORY OF LEGISLATIVE ACTIONSDateBodyAction Description with journal page number3/13/2019HouseIntroduced and read first time (House Journalpage?26)3/13/2019HouseReferred to Committee on Ways and Means (House Journalpage?26)3/26/2019HouseMember(s) request name added as sponsor: Sottile3/28/2019HouseMember(s) request name added as sponsor: HugginsView the latest legislative information at the websiteVERSIONS OF THIS BILL3/13/2019A BILLTO AMEND SECTION 1261140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEDUCTIONS FROM INDIVIDUAL TAXABLE INCOME, SO AS TO REQUIRE A MEMBER OF THE STATE GUARD TO COMPLETE A MINIMUM OF ONE HUNDRED NINETYTWO HOURS OF TRAINING OR DRILL EACH YEAR IN ORDER TO QUALIFY FOR THE DEDUCTION.Be it enacted by the General Assembly of the State of South Carolina:SECTION1.Section 1261140(10)(c)(iv) of the 1976 Code is amended to read:“(iv)In the case of a member of the State Guard and in lieu of minimum points determining eligibility, this deduction is allowed only if the State Guard member completes a minimum of sixteen one hundred ninetytwo hours of training or drill each month, equating to one hundred ninetytwo hours a year, and the member’s commanding officer certifies in writing to the member that the member met these requirements.”SECTION2.This act takes effect upon approval by the Governor and first applies to tax years beginning after 2018.XX ................
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