Regular Session Senate Bill 140 – South Carolina Capital Gains Tax Elimination Act
- Introduced Dec 01 11
- Passed House
- Passed Senate
- Signed By Governor
- Bill Is Law
Introduced By
Issues
Description
the bill will enact the South Carolina Capital Gains Tax Elimination Act, so as to increase the deduction allowed from forty-four percent (44%) to one hundred percent (100%) of the net capital gain and to transition this increase over ten (10) years. The deductions are applicable to individuals, estates and trusts.
Roll Call Votes
- There have been no roll call votes for this bill.
Activity
- Jan 11 11
- Senate – Referred sent to SENATE Finance Committee committee
About the Votes Project
The Votes project was founded in 2001 by the Mackinac Center for Public Policy, a non-partisan research and educational institute dedicated to improving the quality of life for all Michigan citizens by promoting sound solutions to state and local policy questions. Visit their website at www.mackinac.org.
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