2021-2022 Regular Session • South Carolina Legislature

S0627: Pass through trade and business income

Legislative Summary

Amend Section 12-6-545, Code Of Laws Of South Carolina, 1976, Relating To Income Tax Rates For Pass-through Trade And Business Income, So As To Create An Election To Tax Certain Partnerships And "s" Corporations At The Entity Level. - Ratified Title

Bill History

3/2/2021

Introduced and read first time

Senate

3/2/2021

Referred to Committee on Finance

Senate

3/17/2021

Committee report: Favorable with amendment Finance

Senate

3/23/2021

Committee Amendment Adopted

Senate

3/23/2021

Read second time

Senate

3/23/2021

Roll call Ayes-45 Nays-0

Senate

3/24/2021

Read third time and sent to House

Senate

4/6/2021

Introduced and read first time

House of Representatives

4/6/2021

Referred to Committee on Ways and Means

House of Representatives

5/4/2021

Committee report: Favorable with amendment Ways and Means

House of Representatives

5/6/2021

Debate adjourned until Tues., 5-11-21

House of Representatives

5/11/2021

Requests for debate-Rep

House of Representatives

5/11/2021

Amended

House of Representatives

5/11/2021

Read second time

House of Representatives

5/11/2021

Roll call Yeas-104 Nays-0

House of Representatives

5/12/2021

Returned to Senate with amendments

House of Representatives

5/12/2021

Scrivener's error corrected

5/12/2021

Concurred in House amendment and enrolled

Senate

5/13/2021

Ratified R 75

5/17/2021

Signed By Governor

6/1/2021

Effective date 05/17/21

6/1/2021

Act No. 61

Roll Call Votes

House: Passage Of Bill

5/11/2021

104

Yea

Nay

Not Voting

Absent

Result: PASSED

Senate: 2nd Reading

3/23/2021

Yea

Nay

Not Voting

Absent

Result: PASSED

Status Information

Current Status

Passed(6/1/2021)

Chamber

Senate

Sine DiePrior Session

S0627: Pass through trade and business income

Legislative Summary

Bill History

Roll Call Votes

Status Information

Sponsors

Primary Sponsor

Co-Sponsors (20)

Documents

External Links