H4245: Workforce Advancement and Taxpayer Reinvestment Act

Legislative Summary

Amend The South Carolina Code Of Laws By Enacting The "south Carolina Workforce Advancement And Taxpayer Reinvestment Act" By Adding Article 43 To Chapter 6, Title 12 So As To Provide Tax Relief For South Carolinians Who Transition From Government Assistance To Self-sufficiency Through Education And Employment And To Incentivize Businesses That Hire And Retain These Individuals, Reinforcing A Free-market Approach To Economic Mobility And Reducing Long-term Government Dependence.