H 5477 South Carolina House · 2019-2020 Regular Session

Tax deductions

Summary
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-1230 SO AS TO ALLOW A TAXPAYER, ON THEIR 2019 TAX RETURN, TO DEDUCT A NET OPERATING LOSS THAT HAS OR WILL OCCUR IN TAX YEAR 2020 AS A RESULT OF THE COVID-19 PANDEMIC.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2020
Committee Review
Floor Vote
Governor
Introduced May 12, 2020 Last action May 12, 2020
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
May 12, 2020
Committee
Referred to Committee on Ways and Means
lower
May 12, 2020
Introduced
Introduced and read first time
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nancy Mace
Nancy Mace
RRepublican
SC
99