2021-2022 Regular SessionSouth Carolina Legislature

H4611: Tax credit for home office

Legislative Summary

Amend The Code Of Laws Of South Carolina, 1976, By Adding Section 12-6-3810 So As To Provide An Income Tax Credit For Taxpayers That Utilize A Home Office; And To Amend Section 12-6-1120, Relating To The Computation Of South Carolina Gross Income, So As To Exclude Any Gain Resulting From The Sale Of A Taxpayer's Home That Was Not Excluded From Federal Gross Income Solely Because The Taxpayer Claimed The Federal Deduction For Utilizing A Home Office.

Demographic Impact

Overall analysis of equity impact

60% Bias
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

11/17/2021
Prefiled
House of Representatives
11/17/2021
Referred to Committee on Ways and Means
House of Representatives
1/11/2022
Introduced and read first time
House of Representatives
1/11/2022
Referred to Committee on Ways and Means
House of Representatives

Status Information

Current Status
Introduced(11/17/2021)
Chamber
House of Representatives
Committee
Ways and Means(House of Representatives)
Sine DiePrior Session

Documents

Introduced
Bill Text11/17/20211.8 KB