S.0108

South Carolina S0108 provides a $3,000 income tax credit for parents choosing to educate their children outside the public school system.

South Carolina S0108, the "Tax Credits for Parental Choice in Education Act," amends the state's tax code to allow a refundable income tax credit of $3,000 per child for parents who choose to educate their children outside the public school system. The credit is available for each child meeting private school or home school standards as required by law. The Department of Revenue must include a line item on the individual income tax form for this credit and prescribe a form for its accurate and efficient administration.