South Carolina H 3540: Black Farmer Restoration Program

Bill Text

2025-2026 Bill 3540 Text of Previous Version (Dec. 06, 2024) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3540

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 ADDING SECTION 
12-6-3690 SO AS TO ALLOW AN INCOME TAX CREDIT TO A TAXPAYER THAT OPERATES A 
SCHOOL TO WORK PROGRAM WHICH LINKS STUDENTS AND SCHOOLS WITH THE WORKPLACE, TO PROVIDE 
REQUIREMENTS FOR THE PROGRAM, AND TO SPECIFY THE AMOUNT OF THE CREDIT.

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

SECTION 1. Article 25, Chapter 6, Title 12 of the S.C. Code is 
amended by adding:

 Section 12-6-3690. There 
is allowed an income tax credit to a taxpayer who operates a school to work 
program which links students and schools with the workplace. In order to 
qualify for the credit, the school to work program operated by the taxpayer 
must comply with the programs set forth in the School to Work Opportunities Act 
of 1994, Public Law 103-239, 20 U.S.C. 6 101- 6235. The credit is available 
after the student has been in the program for one year. The credit is equal to 
one-half of the amount the taxpayer could claim pursuant to Section 
12-6-3360(C)(1) if each participating student was considered to be a qualifying 
new full-time employee.

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 12:27 PM