South Carolina H 3943: Disabled Veterans Income Tax Credit

Status: Member(s) request name added as sponsor: Davis, Lawson, M.M.Smith, Holman, Williams, Gilliam, Neese, Brewer, Kirby, Rivers, Beach (as of 2025-04-09)

State: South Carolina · Session: 2025-2026 · Bill: H 3943

Sponsors: B.L. Cox, Beach, Brewer, Davis, Gilliam, Holman, Kirby, Lawson, M.M. Smith, Neese, Rivers, Williams

Bill Text

2025-2026 Bill 3943 Text of Previous Version (Feb. 11, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3943

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 
12-6-3830 SO AS TO PROVIDE FOR AN INCOME TAX CREDIT FOR DISABLED VETERANS.

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 
12-6-3830. A veteran who has a disability rating issued by the United States 
Department of Veteran Affairs is allowed a nonrefundable income tax credit 
equal to the product of his disability rating percent and his income tax 
liability. However, the amount of the credit may not exceed five thousand 
dollars each year. The department may require documentation that it considers 
necessary to administer the credit.

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 February 11, 2025 at 12:53 PM

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