South Carolina S 359: Credit against withholding

Bill Text

2025-2026 Bill 359 Text of Previous Version (Feb. 19, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 359

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 12-10-95, RELATING TO CREDIT AGAINST WITHHOLDING FOR 
RETRAINING, SO AS TO PROVIDE AN INCREASE IN THE CREDIT AMOUNT.

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

SECTION 1. Section 12-10-95(A) of the 
S.C. Code is amended to read:

 Section 
12-10-95. (A)(1) Subject to the conditions in this 
section, a business engaged in manufacturing or processing operations or 
technology-intensive activities at a manufacturing, processing, or 
technology-intensive facility as defined in Section 12-6-3360(M), or warehousing 
and distribution, and that meets the requirements of Section 12-10-50(B)(2), 
with approval from the State Board for Technical and Comprehensive Education, 
may claim as a credit against withholding one two thousand dollars a year for the retraining of a 
production, or 
technology, or warehousing and distribution first 
line employee or immediate supervisor who has been continuously employed by the 
business for a minimum of one year and is a full-time employee, so long as 
retraining is necessary for the qualifying business to remain competitive, upgrade the skills of incumbent employees, or to 
introduce new technologies. In addition to the yearly limits, the retraining 
credit claimed against withholding may not exceed five 
ten thousand dollars over five consecutive years 
for each retrained production, or technology, or warehousing and 
distribution first line employee or immediate supervisor.

 (2) Retraining programs that are 
eligible for the credit include, but are not limited to:

 (a) retraining of current employees on 
newly installed equipment;

 (b) retraining of current employees on 
newly implemented technology, such as computer platforms, software 
implementation and upgrades, Total Quality Management, ISO 9000, and 
self-directed work teams; and

 (c) retraining of current employees for 
the purpose of upskilling, management development, or recertification in 
production-related competencies.

 Executive 
training, and personal 
enrichment training, and cross-training of employees on 
equipment or technology that is not new to the company are not eligible 
for the credit.

SECTION 
2. This act takes effect upon approval by the Governor and first applies to 
income tax years beginning after 2025.

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This web page was last updated on February 19, 2025 at 01:24 PM