2017-2018 Bill 59: Income Tax Credit - South Carolina Legislature Online

1 South Carolina General Assembly 2 122nd Session, 2017-2018 3 4 S. 59 5 6 STATUS INFORMATION 7 8 General Bill 9 Sponsors: Senators Jackson and Gregory 10 Document Path: l:\council\bills\bbm\9491dg17.docx 11 12 Introduced in the Senate on January 10, 2017 13 Currently residing in the Senate Committee on Finance 14 15 Summary: Income tax credit 16 17 18 HISTORY OF LEGISLATIVE ACTIONS 19 20 Date Body Action Description with journal page number 21 12/13/2016 Senate Prefiled 22 12/13/2016 Senate Referred to Committee on Finance 23 1/10/2017 Senate Introduced and read first time ( Senate Journalpage 43) 24 1/10/2017 Senate Referred to Committee on Finance ( Senate Journalpage 43) 25 26 View the latest legislative information at the website 27 28 29 VERSIONS OF THIS BILL 30 31 12/13/2016 32 1 2 3 4 5 6 7 8 9 A BILL 10 11 TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 12 1976, BY ADDING SECTION 1263785 SO AS TO ALLOW AN 13 INDIVIDUAL TAXPAYER TO CLAIM AN INCOME TAX 14 CREDIT IF THE INDIVIDUAL SERVES AS A CAREGIVER 15 FOR A PERSON WHO IS AT LEAST SIXTY-FIVE YEARS OF 16 AGE, AND TO SET THE AMOUNT OF THE CREDIT. 17 18 Be it enacted by the General Assembly of the State of South 19 Carolina: 20 21 SECTION 1. Article 25, Chapter 6, Title 12 of the 1976 Code is 22 amended by adding: 23 24 “Section 1263785. (A) An individual taxpayer may claim a 25 credit against the income tax imposed pursuant to this chapter if 26 the individual serves as a caregiver to an eligible person and is not 27 compensated for the care. The credit is equal to one hundred 28 dollars for each month in which the care is provided if the 29 caregiver is unable to work as a result of the care, and fifty dollars 30 for each month in which the care is provided if the caregiver is 31 able to work. 32 (B) For purposes of this section, an ‘eligible person’ is a person 33 who is at least sixty-five years of age in the year for which the 34 credit is claimed and who has lost the ability to perform two of the 35 following activities without substantial assistance for a period that 36 is expected to continue for at least ninety days: 37 (1) bathing; 38 (2) continence; 39 (3) dressing; 40 (4) eating; 41 (5) toileting; or 42 (6) mobility.

[59] 2 1 2 (C) To claim the credit allowed by this section, the individual 3 taxpayer must provide a statement from a doctor stating that the 4 ‘eligible person’ qualifies as such pursuant to subsection (B). The 5 department shall prescribe the form by which a doctor may make 6 the statement. 7 (D) The department may require whatever other proof it 8 determines necessary to determine eligibility for the credit.” 9 10 SECTION 2. This act takes effect upon approval by the Governor 11 and applies to tax years beginning after 2016. 12 XX 13

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