South Carolina · 2025-2026 Regular Session
Amend The South Carolina Code Of Laws By Amending Section 12-6-3515, Relating To The State Income Tax Credit For Conservation Or A Qualified Conservation Contribution Of Real Property, So As To Provide That The Credit Equals Twenty-five Percent Of The Total Value Of The Gift Rather Than Twenty-five Percent Of The Charitable Deduction For The Gift Allowed On The Taxpayer's Federal Income Tax Return, To Increase The Maximum Annual Credit Allowed A Taxpayer From Fifty-two Thousand Five Hundred Dollars To One Hundred Fifty Thousand Dollars, To Adjust The Maximum Annual Credit For Increases In The Consumer Price Index, And To Delete Obsolete Provisions.
Referred to Committee on Finance (2025-01-21)