2023-2024 Regular SessionSouth Carolina Legislature

S0298: Allocation and apportionment

Legislative Summary

Amend The South Carolina Code Of Laws By Amending Section 12-6-2320, Relating To Alternate Methods For The Allocation And Apportionment Of Income For State Income Tax Purposes, So As To Set Forth A Process For The Department Of Revenue And Taxpayers To Accurately Determine Net Income. - Ratified Title

Bill History

12/7/2022
Prefiled
Senate
12/7/2022
Referred to Committee on Finance
Senate
1/10/2023
Introduced and read first time
Senate
1/10/2023
Referred to Committee on Finance
Senate
3/22/2023
Committee report: Favorable Finance
Senate
3/24/2023
Scrivener's error corrected
3/28/2023
Special order, set for March 8, 2023
Senate
3/29/2023
Read second time
Senate
3/29/2023
Roll call Ayes-34 Nays-6
Senate
3/30/2023
Read third time and sent to House
Senate
4/4/2023
Introduced and read first time
House of Representatives
4/4/2023
Referred to Committee on Ways and Means
House of Representatives
1/25/2024
Committee report: Favorable with amendment Ways and Means
House of Representatives
1/26/2024
Scrivener's error corrected
1/30/2024
Debate adjourned
House of Representatives
1/31/2024
Amended
House of Representatives
1/31/2024
Read second time
House of Representatives
1/31/2024
Roll call Yeas-109 Nays-0
House of Representatives
2/1/2024
Read third time and returned to Senate with amendments
House of Representatives
2/2/2024
Scrivener's error corrected
2/5/2024
Scrivener's error corrected
2/20/2024
House amendment amended
Senate
2/20/2024
Roll call Ayes-44 Nays-0
Senate
2/20/2024
Returned to House with amendments
Senate
2/28/2024
Concurred in Senate amendment and enrolled
House of Representatives
2/28/2024
Roll call Yeas-113 Nays-0
House of Representatives
3/7/2024
Ratified R 113
3/11/2024
Signed By Governor
3/14/2024
Effective date See Act for Effective Date
3/14/2024
Act No. 113

Roll Call Votes

House: Concur In Senate Amendments
2/28/2024
113
Yea
0
Nay
8
Not Voting
2
Absent
Result: PASSED
Senate: To Adopt Amendment Number Rfh-1
2/20/2024
44
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
House: Passage Of Bill
1/31/2024
109
Yea
0
Nay
10
Not Voting
4
Absent
Result: PASSED
Senate: To Lay On The Table Amendment Number 1
3/30/2023
24
Yea
11
Nay
0
Not Voting
5
Absent
Result: PASSED
Senate: 2nd Reading
3/29/2023
34
Yea
6
Nay
1
Not Voting
5
Absent
Result: PASSED

Status Information

Current Status
Passed(3/14/2024)
Chamber
House of Representatives
Sine DiePrior Session

Documents

Amended
Bill Text2/20/202437.0 KB
Draft
Bill Text2/5/202433.4 KB
Amended
Bill Text2/2/202436.7 KB
Amended
Bill Text1/31/202436.3 KB
Comm Sub
Bill Text1/26/202458.9 KB
Comm Sub
Bill Text1/25/202458.8 KB
Introduced
Bill Text3/24/202339.6 KB
Comm Sub
Bill Text3/22/202339.1 KB
Introduced
Bill Text12/7/202238.9 KB
Fiscal Note
Fiscal Note5/16/2024172.9 KB
Fiscal Note
Fiscal Note1/31/2024176.2 KB
Fiscal Note
Fiscal Note3/9/2023171.1 KB