South Carolina H 5178: Internal Revenue Code conformity

Bill Text

2025-2026 Bill 5178 Text of Previous Version (Feb. 12, 2026) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 5178

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING 
SECTION 12-6-40, RELATING TO THE APPLICATION OF FEDERAL INTERNAL REVENUE CODE 
TO STATE TAX LAWS, SO AS TO UPDATE THE REFERENCE TO THE INTERNAL REVENUE CODE 
TO THE YEAR 2025 AND TO PROVIDE THAT IF THE INTERNAL REVENUE CODE SECTIONS 
ADOPTED BY THIS STATE ARE EXTENDED, THEN THESE SECTIONS ALSO ARE EXTENDED FOR 
SOUTH CAROLINA INCOME TAX PURPOSES.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. Section 12-6-40(A)(1)(a) and (c) of the S.C. Code is 
amended to read:

 (a) Except as otherwise provided, 
"Internal Revenue Code" means the Internal Revenue Code of 1986, as amended 
through December 31, 20242025, 
and includes the effective date provisions contained in it.

 (c) 
If Internal Revenue Code sections adopted by this State which expired or 
portions thereof expired on December 31, 20242025, are extended, but otherwise not amended, by 
congressional enactment during 20252026, these sections or portions thereof also are 
extended for South Carolina income tax purposes in the same manner that they 
are extended for federal income tax purposes.

SECTION 2. This act takes effect upon approval 
by the Governor.

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This web page was last updated on February 12, 2026 at 11:32 AM