The bill H. 4294 aims to amend Section 12-6-1120 of the South Carolina Code of Laws concerning gross income. The proposed amendment specifies that gross income will not include certain retirement benefits received from the South Carolina Police Officers Retirement System, as well as other retirement benefits received by police officers, firefighters, or emergency medical technicians through any retirement system or pension.

This change is intended to provide tax relief for these public service professionals by excluding their retirement benefits from gross income calculations. The bill will take effect upon approval by the Governor.

Statutes affected:
04/03/2025: 12-6-1120
Latest Version: 12-6-1120