S 1062 South Carolina Senate · 2023-2024 Regular Session

Excess Insurance Premium Tax Credit

Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-3670, RELATING TO THE CREDIT FOR EXCESS PREMIUM PAID FOR PROPERTY AND CASUALTY INSURANCE, SO AS TO RAISE THE MAXIMUM AMOUNT OF THE CREDIT ALLOWED FOR A TAX YEAR FROM ONE THOUSAND TWO HUNDRED FIFTY DOLLARS TO ONE THOUSAND NINE HUNDRED DOLLARS.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2024 Last action Feb 15, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Feb 15, 2024
Committee
Referred to Committee on Finance
upper
Feb 15, 2024
Introduced
Introduced and read first time
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Chip Campsen
Chip Campsen
RRepublican
SC
43