South Carolina S 933: Income tax credit

Bill Text

2025-2026 Bill 933 Text of Previous Version (May. 13, 2026) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 933

Indicates Matter Stricken
Indicates New Matter

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

Indicates Matter Stricken

Indicates New Matter

Amended

May 13, 2026

S. 933

Introduced by Senators Martin, Corbin, Williams, 
Jackson, Leber, Hutto, Devine, Graham, Zell and Walker 

S. Printed 5/13/26--H.

Read the first time April 30, 2026

________

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING 
SECTION 2-3-20, RELATING TO COMPENSATION OF MEMBERS OF THE GENERAL ASSEMBLY, SO 
AS TO PROVIDE THAT MEMBERS OF THE GENERAL ASSEMBLY SHALL RECEIVE LEGISLATIVE 
COMPENSATION AND AN IN-DISTRICT LEGISLATIVE SERVICE ALLOWANCE OF FORTY-SEVEN 
THOUSAND FIVE HUNDRED DOLLARS, AND TO PROVIDE THAT THE MEMBERS' SALARY SHALL BE 
ADJUSTED EVERY TWO YEARS BY AN INFLATION FACTOR NOT TO EXCEED FIVE PERCENT; AND 
BY AMENDING SECTION 9-9-10, RELATING TO DEFINITIONS CONCERNING THE GENERAL 
ASSEMBLY RETIREMENT SYSTEM, SO AS TO PROVIDE THAT EARNABLE COMPENSATION FOR THE 
PURPOSES OF CALCULATING BENEFITS IS LIMITED TO ONLY THE MEMBERS' SALARY AS 
PROVIDED BY LAW.

 Amend Title To Conform

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

SECTION 1. Section 2-3-20 of the S.C. Code is amended to read:

 Section 
2-3-20. (A) Beginning 
with the 128th General Assembly, Members members of the 
General Assembly shall annually receive as legislative compensation fifteen thousand dollars at a daily renumeration rate in 
accordance with Article III, Section 9 of the State Constitution and for 
an in-district legislative service allowance of 
thirty-two thousand five hundred dollars their 
services such sum as may be provided by law as 
adjusted pursuant to subsection (C). and Members of the General Assembly shall also receive 
mileage at the rate provided for by law for the actual distance traveled in the 
most direct route going to and returning from their homes on weekend 
adjournments of the General Assembly at the place where the sessions of the 
General Assembly are held. The terms of this provision shall be subject to 
limitations imposed by the State Constitution.

 (B) The 
President of the Senate, the Speaker of the House, and the Speaker Pro Tempore 
of the House shall receive, in addition, such amounts as may annually appear in 
the state appropriation act.

 (C) The legislative compensation and the 
in-district legislative service allowance provided for in subsection (A) shall 
be adjusted biennially after elections for the House of Representatives by an 
amount equal to the increase of the consumer price index using the chained 
methodology during the two previous years not to exceed five percent. The 
Revenue and Fiscal Affairs Authority shall calculate the biennial adjustment, 
publish it on its website, and transmit the amount of the adjustment to the 
Senate and the House of Representatives prior to the second Tuesday in January 
in the appropriate years.

 (D) For the members of the 128th General Assembly, to be eligible to receive the 
increased compensation, as compared to the 126th 
General Assembly, set forth in subsection (A), as adjusted by subsection (C), a 
member must file a written statement accepting the increase with the Clerk of 
the House of Representatives or the Clerk of the Senate, as applicable. A 
member who does not file a statement of acceptance remains entitled to receive 
compensation in the same amount as a member of the 126th General Assembly received. A member's filing or 
failure to file a statement of acceptance may not be based on, conditioned 
upon, or affected by the member's vote for the increase allowed in subsection 
(A).

SECTION 2. If any section, subsection, 
paragraph, subparagraph, sentence, clause, phrase, or word of this act is for 
any reason held to be unconstitutional or invalid, such holding shall not 
affect the constitutionality or validity of the remaining portions of this act, 
the General Assembly hereby declaring that it would have passed this act, and 
each and every section, subsection, paragraph, subparagraph, sentence, clause, 
phrase, and word thereof, irrespective of the fact that any one or more other 
sections, subsections, paragraphs, subparagraphs, sentences, clauses, phrases, 
or words hereof may be declared to be unconstitutional, invalid, or otherwise 
ineffective.

SECTION 3. This act takes effect upon approval 
by the Governor.

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This web page was last updated on May 13, 2026 at 11:33 PM