South CarolinaS 0682126th General Assembly (2025-2026)Senate

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3830 SO AS TO ALLOW AN INCOME TAX CREDIT FOR A TIMBER CASUALTY LOSS IN A FEDERALLY DECLARED DISASTER AREA RESULTING FROM HURRICANE HELENE; AND BY AMENDING SECTION 12-6-1140, RELATING TO DEDUCTIONS FROM INDIVIDUAL TAXABLE INCOME, SO AS TO ALLOW A DEDUCTION FOR PAYMENTS RECEIVED FROM CERTAIN DISASTER RELIEF AGENCIES RESULTING FROM HURRICANE HELENE.

Sponsored By: Tom Young, Jr. (Republican)

Passed

Summary

Timber

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Tom Young, Jr.

    Republican • Senate

Cosponsors

  • Thomas C. Alexander

    Republican • Senate

  • George E. "Chip" Campsen III

    Republican • Senate

  • Thomas D. "Tom" Corbin

    Republican • Senate

  • Jason Elliott

    Republican • Senate

  • Michael W. Gambrell

    Republican • Senate

  • Billy Garrett

    Republican • Senate

  • Carlisle Kennedy

    Republican • Senate

  • Josh Kimbrell

    Republican • Senate

  • A. Shane Massey

    Republican • Senate

  • Nutt

    Affiliation unavailable

  • Russell L. Ott

    Democrat • Senate

  • Rex F. Rice

    Republican • Senate

  • Everett Stubbs

    Republican • Senate

  • Daniel B. "Danny" Verdin III

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 38 • No: 5

Senate vote 3/31/2026

(Timber)2nd Reading

Yes: 38 • No: 5

Actions Timeline

  1. Referred to Committee on Ways and Means

    4/2/2026House
  2. Introduced and read first time

    4/2/2026House
  3. Read third time and sent to House

    4/1/2026Senate
  4. Roll call Ayes-38 Nays-5

    3/31/2026Senate
  5. Read second time

    3/31/2026Senate
  6. Committee Amendment Adopted

    3/25/2026Senate
  7. Committee report: Favorable with amendment Finance

    3/18/2026Senate
  8. Referred to Committee on Finance

    5/28/2025Senate
  9. Introduced and read first time

    5/28/2025Senate

Bill Text

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