H 5794

South Carolina General Assembly
126th Session, 2025-2026
Bill 5794
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING
SECTION 12-6-3380, RELATING TO THE INCOME TAX CREDIT FOR CHILD AND DEPENDENT
CARE EXPENSES, SO AS TO MAKE THE CREDIT REFUNDABLE AND TO DELETE A PROVISION
THAT OTHERWISE REDUCES THE AMOUNT OF THE CREDIT.
Be it enacted by the
General Assembly of the State of South Carolina:
SECTION 1.  Section 12-6-3380 of the S.C. Code is amended to read:
    Section
12-6-3380. An individual may claim an a refundable income tax
credit for child and dependent care expenses. The credit is computed as
provided in Internal Revenue Code Section 21, except that the
term "applicable percentage" means seven percent and is not reduced, and the credit is refundable, and only expenses that are
directly attributable to items of South Carolina gross income qualify for the
credit.
    If a nonresident
taxpayer is a resident of a state which does not allow a resident of this State
credit for child and dependent care expenses, the nonresident taxpayer is not
allowed credit on the South Carolina income tax return for child and dependent
care expenses.
SECTION 2.  This act takes effect upon approval
by the Governor and first applies to income tax years beginning after 2026.
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This web page was last updated on August 13, 2026 at 08:49 AM