South Carolina H 4395: NIL income tax deduction

Bill Text

2025-2026 Bill 4395 Text of Previous Version (Apr. 23, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4395

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 12-6-1140, RELATING TO INCOME TAX DEDUCTIONS, SO AS TO PROVIDE AN 
INCOME TAX DEDUCTION FOR INCOME RECEIVED BY STUDENT ATHLETEs FOR THE USE OF their 
NAME, IMAGE, OR LIKENESS.

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

SECTION 1. Section 12-6-1140 of the S.C. Code is amended by 
adding:

 (15) income received by a student 
athlete at an institution of higher learning as compensation for the use of his 
name, image, or likeness, to the extent such income is included in the 
taxpayer's federal adjusted gross income and is not otherwise exempt from the 
tax imposed by this chapter.

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

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This web page was last updated on April 23, 2025 at 02:09 PM