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Allocation and apportionment

It became law on Mar 14, 2024.

SC S 298 · Senate Bill · 2023-2024

Stage
Became law
Started in
Senate
Sponsors
Latest action
Mar 14, 2024

What it does

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-2320, RELATING TO ALTERNATE METHODS FOR THE ALLOCATION AND APPORTIONMENT OF INCOME FOR STATE INCOME TAX PURPOSES, SO AS TO SET FORTH A PROCESS FOR THE DEPARTMENT OF REVENUE AND TAXPAYERS TO ACCURATELY DETERMINE NET INCOME. - RATIFIED TITLE

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Mar 14, 2024

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in South Carolina. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

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