South Carolina H 3779: Gross income

Bill Text

2025-2026 Bill 3779 Text of Previous Version (Jan. 16, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3779

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, COMPUTATION OF GROSS 
INCOME, AND MODIFICATIONS TO GROSS INCOME FOR STATE INCOME TAX PURPOSES, SO AS 
TO EXCLUDE TIPS FROM THE COMPUTATION OF SOUTH CAROLINA GROSS INCOME, AND TO 
DEFINE TIPS.

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

SECTION 1. Section 12-6-1120(3) of the 
S.C. Code is amended to read:

 (3) Reserved South 
Carolina gross income does not include tips received during the taxable year 
that are included on statements furnished to the recipient's employer required 
by federal law. For the purposes of this item, "tips" are discretionary 
payments determined by a customer that an employee receives from the customer 
including, but not limited to, cash tips received directly from the customer 
and tips from a customer through electronic settlement or payment.

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

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This web page was last updated on January 16, 2025 at 11:27 AM