Loading chat...

SC H3489

Bill

Official Source

Status

Engrossed

5/2/2025

Primary Sponsor

Nathan Ballentine

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Updates South Carolina's Internal Revenue Code (IRC) conformity date from December 31, 2023 to December 31, 2024, aligning state tax law with federal tax provisions
  • Automatically extends for South Carolina income tax purposes any IRC sections that expired on December 31, 2024, if Congress extends them in 2025 without other amendments
  • Takes effect upon approval by the Governor
  • Introduced by Representatives Ballentine and M.M. Smith, with a favorable committee report from House Ways and Means on April 30, 2025

Legislative Description

IRC conformity

Last Action

Referred to Committee on Finance

5/6/2025

Committee Referrals

Finance5/6/2025
Ways and Means12/5/2024

Full Bill Text

No bill text available