South Carolina House Bill 5044 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 11-0)
Status: Introduced on February 6 2024 - 25% progression, died in committee
Action: 2024-02-06 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Amend The South Carolina Code Of Laws By Adding Section 12-6-511 So As To Reduce All The Income Tax Rates On Individuals, Estates, And Trusts By One Percent Each Year Until The Rate Across All Brackets Equals Zero Percent; By Repealing Section 12-6-510 Relating To Tax Rates For Individuals, Estates, And Trusts; By Repealing Section 12-6-515 Relating To Income Tax Brackets; By Repealing Section 12-6-520 Relating To Annual Adjustments To Income Tax Brackets; And By Repealing Section 12-6-545 Relating To Income Tax Rates For Pass-through Trade And Business Income.

Elimination of individual income tax

Rep. Alan Morgan [R]	Rep. Joe White [R]	Rep. Stewart Jones [R]	Rep. Jordan Pace [R]
Rep. April Cromer [R]	Rep. Thomas Beach [R]	Rep. Josiah Magnuson [R]	Rep. Robert May [R]
Rep. Ashley Trantham [R]	Rep. Donald McCabe [R]	Rep. Rob Harris [R]

Date	Chamber	Action
2024-02-06	House	Referred to Committee on Ways and Means
2024-02-06	House	Introduced and read first time

H3526 (Similar To) 2023-01-31 - Member(s) request name added as sponsor: Harris

Chapter	Article	Section	Citation Type	Statute Text
12	6	510	(n/a)	See Bill Text
12	6	511	(n/a)	See Bill Text
12	6	515	(n/a)	See Bill Text
12	6	520	(n/a)	See Bill Text
12	6	545	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=5044&session=125&summary=B
Text	https://www.scstatehouse.gov/sess125_2023-2024/prever/5044_20240206.htm