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S 0591 - State tax credit for hiring unemployed individuals receiving unemployment benefits

Tracking Level: Of Interest
Sponsor: Peeler
Last Action: 3/31/2011 - Scrivener's error corrected
Senate Committee:
Assigned To:
02.14.11Next Bill
03.21.11Next Bill
03.28.11Next Bill

Staff Analysis of the Legislation

03.29.11 The Senate Finance committee gave this bill a favorable report.
03.22.11 The Senate Finance Sales and Income Taxation subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Allows a state tax credit for employers hiring an unemployed individual receiving unemployment benefits.


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Session 119 - (2011-2012)Printer Friendly
(pdf format)
S 0591 General Bill, By Peeler, Ryberg, Bryant, Massey, Rose and Setzler
Similar (H 3540)
Summary: Tax credit for employers hiring an unemployed individual
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-3765, SO AS TO ALLOW A STATE TAX CREDIT FOR EMPLOYERS HIRING AN UNEMPLOYED INDIVIDUAL RECEIVING UNEMPLOYMENT COMPENSATION BENEFITS, TO PROVIDE THE AMOUNT OF THE CREDIT, THOSE TAXES AGAINST WHICH THE CREDIT IS ALLOWED, AND THE ELIGIBILITY REQUIREMENTS FOR CREDITABLE EMPLOYEES, TO PROVIDE FOR THE ADMINISTRATION OF THE CREDIT, AND TO PROVIDE THAT THE CREDIT IS ALLOWED FOR ELIGIBLE INDIVIDUALS HIRED AFTER JUNE 30, 2011, AND BEFORE JULY 1, 2013, AND EXTENDS FOR TWENTY-FOUR MONTHS FOR EACH CREDITABLE EMPLOYEE.
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02/17/11Senate Introduced and read first time (Senate Journal-page 6)
02/17/11Senate Referred to Committee on Finance (Senate Journal-page 6)
03/30/11Senate Committee report: Favorable Finance (Senate Journal-page 29)
03/31/11 Scrivener's error corrected



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