South Carolina · 2025-2026 Regular Session · Bill
S 207: Retirement Income Tax Deduction
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 207 is a bill introduced in the South Carolina Senate on January 15, 2025. According to its official title, it concerns: Retirement Income Tax Deduction. Primary sponsor: Shane Massey (Republican), Rex Rice (Republican), Jeff Zell (Republican), Wes Climer (Republican). Most recent recorded action (January 15, 2025): Referred to Committee on Finance.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-6-1170, RELATING TO THE RETIREMENT INCOME DEDUCTION FROM TAXABLE INCOME, SO AS TO INCREASE THE INDIVIDUAL DEDUCTION FROM FIFTEEN THOUSAND DOLLARS TO TWENTY THOUSAND DOLLARS, TO INCREASE THE DEDUCTION FOR MARRIED TAXPAYERS WHO FILE A JOINT FEDERAL INCOME TAX RETURN FROM THIRTY THOUSAND DOLLARS TO FORTY THOUSAND DOLLARS, AND TO PROVIDE FOR AN ANNUAL INFLATION ADJUSTMENT.
Sponsors
Sponsors by party (alphabetical): Republican 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Shane Massey | Primary sponsor | Republican | Senate | 25 |
| Rex Rice | Primary sponsor | Republican | Senate | 2 |
| Jeff Zell | Primary sponsor | Republican | Senate | 36 |
| Wes Climer | Primary sponsor | Republican | Senate | 15 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Referred to Committee on Finance
- Introduced and read first time