South Carolina H 3435: Income tax exemption

Status: Member(s) request name added as sponsor: Burns (as of 2025-05-28)

State: South Carolina · Session: 2025-2026 · Bill: H 3435

Sponsors: Burns, Chumley, Frank, Kilmartin, Magnuson, Pace

Bill Text

2025-2026 Bill 3435 Text of Previous Version (Dec. 06, 2024) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3435

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 12-6-1120, RELATING TO GROSS INCOME, SO AS TO EXCLUDE CERTAIN 
GRATUITIES AND TIPS FROM GROSS INCOME.

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

SECTION 1. Section 12-6-1120 of the S.C. Code is amended by 
adding:

 (12) South Carolina gross income does 
not include compensation received in the form of gratuity or tip.

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

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This web page was last updated on December 06, 2024 at 11:56 AM

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