South Carolina bills · 2025-2026 Regular Session
South Carolina S 207
Retirement Income Tax Deduction
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
Summary
Official abstract published by the South Carolina legislature· description
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1170, RELATING TO THE RETIREMENT INCOME DEDUCTION FROM TAXABLE INCOME, SO AS TO INCREASE THE INDIVIDUAL DEDUCTION FROM FIFTEEN THOUSAND DOLLARS TO TWENTY THOUSAND DOLLARS, TO INCREASE THE DEDUCTION FOR MARRIED TAXPAYERS WHO FILE A JOINT FEDERAL INCOME TAX RETURN FROM THIRTY THOUSAND DOLLARS TO FORTY THOUSAND DOLLARS, AND TO PROVIDE FOR AN ANNUAL INFLATION ADJUSTMENT.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 15, 2025 · Senate
Referred to Committee on Finance - Jan 15, 2025 · Senate
Introduced and read first time