H 5040 South Carolina House · 2023-2024 Regular Session

Corporate income tax

Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-530, RELATING TO THE CORPORATE INCOME TAX, SO AS TO LOWER THE CORPORATE INCOME TAX RATE FROM FIVE PERCENT TO FOUR AND ONE HALF PERCENT.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2024 Last action Feb 6, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Feb 6, 2024
Committee
Referred to Committee on Ways and Means
lower
Feb 6, 2024
Introduced
Introduced and read first time
lower
9 primary · 0 co-sponsors

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