SC H3498 | 2025-2026 | 126th General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 14 2025 - 25% progression
Action: 2025-01-16 - Member(s) request name added as sponsor: Kilmartin
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2025 - 25% progression
Action: 2025-01-16 - Member(s) request name added as sponsor: Kilmartin
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The South Carolina Code Of Laws By Amending Section 12-6-510, Relating To Individual Income Taxes, So As To Provide That The First One Million Dollars Of Taxable Income Is Taxed At A Rate Of Zero Percent And The Top Marginal Rate Applies Thereafter To Amounts Over One Million Dollars.
Title
Income tax brackets
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-16 | House | Member(s) request name added as sponsor: Kilmartin |
2025-01-14 | House | Referred to Committee on Ways and Means |
2025-01-14 | House | Introduced and read first time |
2024-12-05 | House | Referred to Committee on Ways and Means |
2024-12-05 | House | Prefiled |