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SC H3435
Bill
Status
Introduced
1/14/2025
Primary Sponsor
Jordan Pace
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AI Summary
- Excludes compensation received as gratuities or tips from South Carolina gross income for state income tax purposes
- Amends Section 12-6-1120 of the South Carolina Code relating to gross income definitions
- Takes effect upon Governor's approval and applies to tax years beginning after 2024
Legislative Description
Income tax exemption
Last Action
Member(s) request name added as sponsor: Burns
5/28/2025
Committee Referrals
Ways and Means12/5/2024
Full Bill Text
No bill text available