H3811

South Carolina H3811 proposes an income tax credit for taxpayers with children attending qualifying private, parochial, or home schools.

South Carolina H3811 would amend the state code to introduce an income tax credit for taxpayers with children attending qualifying private, parochial, or home schools. The credit is equal to the lower of $7,000 or the cost of tuition for private or parochial schools. To qualify, schools must meet specific criteria, including providing an affidavit, financial records, and an Employer Identification Number. The bill also outlines procedures for the Treasurer to publish a list of qualifying schools and allows parents to seek legal remedies for violations.