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SC H3125

Bill

Official Source

Status

Introduced

1/14/2025

Primary Sponsor

Jordan Pace

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Eliminates South Carolina state income tax on individuals, estates, and trusts for tax years beginning after 2024

  • Removes all filing and withholding requirements related to individual income tax

  • Repeals existing code sections governing individual income tax rates, tax brackets, annual bracket adjustments, and pass-through business income tax rates (Sections 12-6-510, 12-6-515, 12-6-520, and 12-6-545)

  • Takes effect immediately upon Governor's approval

Legislative Description

Elimination of individual income tax

Last Action

Member(s) request name added as sponsor: Ford

1/14/2026

Committee Referrals

Ways and Means12/5/2024

Full Bill Text

No bill text available