S 52

A Bill To Amend Section 12-6-3515, Code Of Laws Of South Carolina, 1976, Relating To The State Income Tax Credit Allowed For Donations Of A Gift Of Land For Conservation Or A Qualified Conservation Contribution, So As To Provide That The Credit Equals Twenty-Five Percent Of The Total Value Of The Gift Rather Than Twenty-Five Percent Of The Charitable Deduction For The Gift Allowed On The Taxpayer'S Federal Income Tax Return, To Increase The Maximum Annual Credit Allowed A Taxpayer From Fifty-Two Thousand, Five Hundred Dollars To One Hundred Fifty Thousand Dollars, To Adjust The Maximum Annual Credit For Increases In The Consumer Price Index, And To Delete Obsolete Provisions.