SC H4528 | 2009-2010 | 118th General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-04 - Referred to Committee on Ways and Means HJ-20
Pending: House Ways and Means Committee
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-04 - Referred to Committee on Ways and Means HJ-20
Pending: House Ways and Means Committee
Summary
A BILL TO ENACT THE "SOUTH CAROLINA BACK TO WORK TAX REBATE ACT OF 2010", BY ADDING SECTION 12-6-3765 TO THE CODE OF LAWS OF SOUTH CAROLINA, 1976, SO AS TO ALLOW A STATE TAX CREDIT FOR EMPLOYERS HIRING AN UNEMPLOYED INDIVIDUAL RECEIVING UNEMPLOYMENT COMPENSATION BENEFITS, TO PROVIDE THE AMOUNT OF THE CREDIT WHICH MUST BE EQUAL TO THE STATE INCOME TAX WITHHOLDINGS APPLICABLE TO THAT EMPLOYEE FOR A PERIOD OF UP TO ONE YEAR, TO PROVIDE THE ELIGIBILITY REQUIREMENTS FOR CREDITABLE EMPLOYEES, TO PROVIDE FOR THE ADMINISTRATION OF THE CREDIT, TO PROVIDE THAT THE CREDIT IS ALLOWED FOR ELIGIBLE EMPLOYEES HIRED AFTER THE EFFECTIVE DATE OF THIS SECTION AND BEFORE JANUARY 1, 2011, AND TO PROVIDE FOR THE DURATION OF THE CREDIT.
Title
Allow A State Tax Credit For Employers Hiring An Unemployed Individual Receiving Unemployment Compensation Benefits, To Provide The Amount Of The Credit Which Must Be Equal To The State Income Tax Withholdings Applicable To That Employee For A Period Of Up To One Year, To Provide The Eligibility Requirements For Creditable Employees, To Provide For The Administration Of The Credit, To Provide That The Credit Is Allowed For Eligible Employees Hired After The Effective Date Of This Section And Before January 1, 2011, And To Provide For The Duration Of The Credit.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-02-04 | Referred to Committee on Ways and Means HJ-20 | |
2010-02-04 | Introduced and read first time HJ-20 |
Same As/Similar To
S1176 (Similar To) 2010-02-16 - Referred to Committee on Finance SJ-3
Code Citations
South Carolina State Sources
Type | Source |
---|---|
Summary | https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=4528&session=118 |