South Carolina H 3492: A HOUSE RESOLUTION TO HONOR AND CELEBRATE PHYLLIS BELFLOWER OF FLORENCE COUNTY ON THE OCCASION OF HER RECENT RETIREMENT ON JANUARY 1, 2017, AS PIANIST FOR LAKE CITY BAPTIST CHURCH.

Status: Introduced and adopted (as of 2017-01-18)

State: South Carolina · Session: 2017-2018 · Bill: H 3492

Sponsors: Alexander, Allison, Anderson, Anthony, Arrington, Atkinson, Atwater, B. Newton, Bales, Ballentine, Bamberg, Bannister, Bedingfield, Bennett, Bernstein, Blackwell, Bowers, Bradley, Brown, Burns, Caskey, Chumley, Clary, Clemmons, Clyburn

Bill Text

2025-2026 Bill 3492 Text of Previous Version (Dec. 06, 2024) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3492

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 12-6-3632, RELATING TO EARNED INCOME TAX CREDIT, SO AS TO PROVIDE THAT 
A PORTION OF THE CREDIT IS REFUNDABLE.

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

SECTION 1. Section 12-6-3632 of the S.C. Code is amended to read:

 Section 
12-6-3632. There is allowed as a nonrefundable credit 
against the tax imposed pursuant to Section 12-6-510 on a full-year resident 
individual taxpayer an amount equal to one hundred twenty-five percent of the 
federal earned income tax credit (EITC) allowed the taxpayer pursuant to 
Internal Revenue Code Section 32. If the credit allowed by this section exceeds the taxpayer's 
state income tax liability, then twenty-five percent of the excess credit must 
be refunded to the taxpayer.

SECTION 2. This act takes effect upon approval 
by the Governor and first applies to tax years beginning after 2024.

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This web page was last updated on December 06, 2024 at 12:15 PM

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