2025-2026 Regular SessionSouth Carolina Legislature

S0260: Excess Insurance Premium Tax Credit

Legislative Summary

Amend The South Carolina Code Of Laws By Amending Section 12-6-3670, Relating To The Credit For Excess Premium Paid For Property And Casualty Insurance, So As To Raise The Maximum Amount Of The Credit Allowed For A Tax Year From One Thousand Two Hundred Fifty Dollars To Two Thousand Dollars.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/23/2025
Introduced and read first time
Senate
1/23/2025
Referred to Committee on Finance
Senate

Status Information

Current Status
Introduced(1/23/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Republican: 1

Documents

Introduced
Bill Text1/23/20257.3 KB