H 3551

South Carolina General Assembly
126th Session, 2025-2026
Bill 3551
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
Indicates Matter Stricken
Indicates New Matter
Committee Amendment Adopted
May 6, 2026
H. 3551
Introduced by Reps. B. Newton, Gilliam, Pope,
Taylor, Weeks, Bowers, Yow, M. M. Smith, Caskey, Kilmartin, Oremus, Ballentine,
C. Mitchell, Hewitt, Hixon and Calhoon
S. Printed 5/6/26--S.
Read the first time February 10, 2026
________
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING
SECTION 9-1-10, RELATING TO DEFINITIONS APPLICABLE TO THE SOUTH CAROLINA
RETIREMENT SYSTEM, SO AS TO PROVIDE EARNABLE COMPENSATION DOES NOT INCLUDE
CERTAIN AMOUNTS PAID TO MANAGERS AND CLERKS OF ELECTIONS; AND BY AMENDING
SECTION 12-6-1120, RELATING TO THE COMPUTATION OF SOUTH CAROLINA GROSS INCOME,
SO AS TO EXCLUDE CERTAIN AMOUNTS PAID TO MANAGERS AND CLERKS OF ELECTIONS.
    Amend Title To Conform
Be it enacted by the
General Assembly of the State of South Carolina:
SECTION
1.A.  Section 9-1-10(8) of the S.C. Code is amended
by adding:
    (c) Earnable compensation does not
include amounts paid to managers and clerks of elections to the extent the
amounts are not subject to Federal Insurance Contribution Act tax pursuant to
Internal Revenue Code Sections 3121(b)(7)(F)(iv) and 3121(u)(2)(B)(ii)(V).
B. This
SECTION takes effect on June 30, 2026.
SECTION 2.  Section 12-6-1120 of the S.C. Code is amended by
adding:
    (12) Amounts paid to managers and
clerks of elections to the extent the amounts are not subject to Federal
Insurance Contribution Act tax pursuant to Internal Revenue Code Sections
3121(b)(7)(F)(iv) and 3121(u)(2)(B)(ii)(V).
SECTION 3.  Except as otherwise provided, this act
takes effect upon approval by the Governor and applies to tax years beginning
after 2025.
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This web page was last updated on May 06, 2026 at 07:17 PM