2025-2026 Regular Session • South Carolina Legislature
S0013: Tax Deduction for Employer Contributions to 529 Accounts
Legislative Summary
Amend The South Carolina Code Of Laws By Amending Section 59-2-80, Relating To Tax Features Of The South Carolina College Investment Program, So As To Allow Employers To Make Tax Deductible Contributions To Employee College Investment Trust Accounts.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
12/11/2024
Prefiled
Senate
12/11/2024
Referred to Committee on Education
Senate
1/14/2025
Introduced and read first time
Senate
1/14/2025
Referred to Committee on Education
Senate
Status Information
Current Status
Introduced(12/11/2024)
Chamber
Senate
Committee
Education(Senate)
Sponsors
Republican: 1
Primary Sponsor
Luke Rankin
Republican