H 3498 South Carolina House · 2025-2026 Regular Session

Income tax brackets

Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-510, RELATING TO INDIVIDUAL INCOME TAXES, SO AS TO PROVIDE THAT THE FIRST ONE MILLION DOLLARS OF TAXABLE INCOME IS TAXED AT A RATE OF ZERO PERCENT AND THE TOP MARGINAL RATE APPLIES THEREAFTER TO AMOUNTS OVER ONE MILLION DOLLARS.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025 Last action Feb 6, 2025
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
2
Jan 14, 2025
Committee
Referred to Committee on Ways and Means
lower
Jan 14, 2025
Introduced
Introduced and read first time
lower
Dec 5, 2024
Committee
Referred to Committee on Ways and Means
lower
3 primary · 0 co-sponsors

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