Current Status Bill Number:View additional legislative information at the LPITS web site.
150Ratification Number: 280Act Number: 271Introducing Body: SenateSubject: Relating to income tax exemptions
(A271, R280, S150)
AN ACT TO AMEND SECTION 12-7-310, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INCOME TAX EXEMPTIONS, SO AS TO, AMONG OTHER THINGS, PROVIDE AN EXEMPTION OF TWO THOUSAND DOLLARS TO AN INDIVIDUAL WHO HAS ADOPTED A "SPECIAL NEEDS CHILD" AND FURNISHES THE CHILD'S CHIEF SUPPORT, AND TO DEFINE THE TERM, "SPECIAL NEEDS CHILD".
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-7-310 of the 1976 Code, as last amended by Act 103 of 1981, is further amended by adding the following new item appropriately numbered:
"( ) In the case of a special needs child, dependent upon and receiving his chief support from another individual, an exemption of two thousand dollars to the individual who has adopted the child and furnishes the child's chief support. This exemption shall be allowed as long as the dependent is under twenty-one years of age, is incapable of self-support because mentally or physically defective, or is regularly enrolled in an accredited school or college. In the event the special needs child dies during the taxpayer's taxable year, the entire exemption shall be allowed.
The term 'special needs child' means a person under the age of eighteen years at the time of adoption who is the dependent of a public or private nonprofit adoption agency, is legally free for adoption, and has been determined by the South Carolina Department of Social Services or South Carolina Children's Bureau to have specific conditions such as ethnic minority status, age, sibling group membership, medical condition, or physical, mental, or emotional handicaps making unassisted adoption unlikely."
SECTION 2. This act shall take effect January 1, 1984.