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SC H3435

Bill

Status

Introduced

1/14/2025

Primary Sponsor

Jordan Pace

Click for details

Origin

House of Representatives

126th General Assembly

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