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S0241Introduced in the Senate

Eliminate Marriage Tax Penalty

IntroducedSenate Finance

Introduced by Richard Cash, District 3

What does this bill do?

Plain-English breakdown

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Official description

Amend The South Carolina Code Of Laws So As To Enact The "eliminate The Marriage Tax Penalty Act"; And By Adding Section 12-6-525 So As To Allow Married Taxpayers Who File A Joint Federal Return To Calculate Their Amount Of South Carolina Income Tax Owed For The Tax Year As Though Each Taxpayer Filed A Return As A Single Taxpayer If The Taxpayers' Cumulative Tax Owed Would Be Less Than The Amount They Would Owe Had They Filed A Joint Return.

Where it stands

Referred to Committee on Finance

January 16, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced and read first time

  2. Referred to Committee on Finance

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