The bill H. 3741 proposes an amendment to the South Carolina Code of Laws, specifically Section 12-6-1140, 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 specifies that "active-duty" includes full-time duty status in the active uniformed service, as well as members of the National Guard and Reserve on active-duty orders under specific U.S. Code sections.

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

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