The bill H. 3741 proposes an amendment to Section 12-6-1140 of the South Carolina Code of Laws, specifically to allow for a tax deduction for taxable income received by active-duty service members of the United States Armed Forces who are residents of South Carolina. The new provision defines "active-duty" as full-time duty status in the active uniformed service, which includes members of the National Guard and Reserve on active-duty orders as specified in U.S.C. Sections 1209 and 1211.

This amendment aims to provide financial relief to military personnel by exempting their income from state income tax, thereby recognizing their service to the country. The bill is set to take effect upon approval by the Governor and will apply to income tax years following 2024.

Statutes affected:
01/15/2025: 12-6-1140
Latest Version: 12-6-1140