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Session 107 - (1987-1988)Printer Friendly
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H 3825 General Bill, By Kirsh
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section 12-7-434 so as to create the Child's Education Savings Act, to define "Child's Education Savings Account", to allow a deduction from taxable income for purposes of state income taxation in the amount of three thousand dollars which must be used to defray the cost of a child's college education, to provide for the expenditure of monies from this account, and to provide penalties for unauthorized withdrawals.
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section 12-7-434 so as to create the Child's Education Savings Act, to define "Child's Education Savings Account", to allow a deduction from taxable income for purposes of state income taxation in the amount of three thousand dollars which must be used to defray the cost of a child's college education, to provide for the expenditure of monies from this account, and to provide penalties for unauthorized withdrawals.
02/23/88 | House | Introduced and read first time HJ-1347 |
02/23/88 | House | Referred to Committee on Ways and Means HJ-1347 |
04/19/88 | House | Committee report: Favorable with amendment Ways and Means HJ-3016 |
04/27/88 | House | Debate adjourned until Thursday, April 28, 1988 HJ-3325 |
04/28/88 | House | Amended HJ-3420 |
04/28/88 | House | Objection by Rep. Keyserling, Holt & McTeer HJ-3420 |
05/19/88 | House | Objection withdrawn by Rep. Holt HJ-3905 |
06/01/88 | House | Continued HJ-4500 |