SC S 250
in committeeLong-term Care Tax Credit Act
South Carolina · 2026 Regular Session · upper
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Quick answers
Did SC S 250 pass?
Not yet. SC S 250 is in committee and has not come to a final vote. Latest recorded action (2025-01-21): Referred to Committee on Finance
What is SC S 250 about?
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "LONG-TERM CARE TAX CREDIT ACT" BY ADDING SECTION 12-6-3395 SO AS TO ALLOW A STATE INDIVIDUAL INCOME TAX CREDIT OF FIFTEEN PERCENT OF THE TOTAL AMOUNT OF PREMIUMS PAID BY A TAXPAYER PURSUANT TO A LONG-TERM CARE INSURANCE CONTRACT, NOT TO EXCEED TWO THOUSAND DOLLARS IN A TAXABLE YEAR FOR EACH INDIVIDUAL, AND TO PROHIBIT A DOUBLE BENEFIT.
Who sponsors SC S 250?
Campsen is the primary sponsor of SC S 250.
Description
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "LONG-TERM CARE TAX CREDIT ACT" BY ADDING SECTION 12-6-3395 SO AS TO ALLOW A STATE INDIVIDUAL INCOME TAX CREDIT OF FIFTEEN PERCENT OF THE TOTAL AMOUNT OF PREMIUMS PAID BY A TAXPAYER PURSUANT TO A LONG-TERM CARE INSURANCE CONTRACT, NOT TO EXCEED TWO THOUSAND DOLLARS IN A TAXABLE YEAR FOR EACH INDIVIDUAL, AND TO PROHIBIT A DOUBLE BENEFIT.
- Introduced
- 2025-01-21
- Latest action
- 2025-01-21 — Referred to Committee on Finance
- Bill type
- bill
- Last updated
- —
Sponsors
- Campsenprimary
Committees
Not provided by source.
Action timeline
Newest first
2025-01-21
Referred to Committee on Finance
referral-committee
2025-01-21
Introduced and read first time
introduction,reading-1
Versions
Documents
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:06.227230Z
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