South Carolina House Bill 3420

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2023 - 25% progression
Action: 2023-01-10 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Amend The South Carolina Code Of Laws By Adding Section 11-11-250 So As To Create The "palmetto Dividend Fund" To Provide A Four Hundred Dollar Check To Each South Carolina Citizen Over The Age Of Seventeen Each Year; And By Adding Section 12-6-511 So As To Provide An Income Tax Rate Increase Of One Percent On The Top Marginal Rate For Households With A South Carolina Taxable Income Between $100,000 And $165,000 And An Increase Of Two Percent On The Top Marginal Rate For Households With A South Carolina Taxable Income Over $165,000.

Basic universal income

Rep. Jermaine Johnson [D]

Date	Chamber	Action
2023-01-10	House	Referred to Committee on Ways and Means
2023-01-10	House	Introduced and read first time
2022-12-08	House	Referred to Committee on Ways and Means
2022-12-08	House	Prefiled

Chapter	Article	Section	Citation Type	Statute Text
11	11	250	(n/a)	See Bill Text
12	6	511	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3420&session=125&summary=B
Text	https://www.scstatehouse.gov/sess125_2023-2024/prever/3420_20221208.htm