Timber
Do you support it?
Want to know if it passes?
We'll email you when S 682 moves — a committee vote, a floor vote, or a signature. Nothing else.
Free forever · unsubscribe in one click.
Your answer was recorded either way.
Which district are you in?
Your ZIP is all we need to match you to your own representatives — so we can tell you how they voted on S 682.
You're tracking S 682
We'll email you the moment it moves.
S 682 — Timber
Last action — Referred to Committee on Ways and Means
No card. One bill, free forever — alerts when it moves.
-
✓Introduced
-
✓In Committee
-
3Passed Senate
-
4Passed House
-
5To Executive
-
6Enacted
This bill has passed the Senate. Introduced May 28, 2025. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the House.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
-
Passed Senate
Current position in the legislative process.
-
15 sponsors
15 primary, 0 co-sponsors signed on.
-
Cleared a recorded vote
Passed 1 recorded vote so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
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.
Bill Text
What changed in the latest version
2 added · 44 removedPlain-language change summary
The recent amendment to Bill S 682 removes details about the income tax credit for timber casualty losses and simplifies the language. Specifically, it strikes out the earlier provisions (A)(1) and (2) and instead allows taxpayers to receive a credit equal to the full amount of their timber casualty losses in a federally declared disaster. This change matters because it could make it easier for affected timber businesses to access financial relief following disasters, ultimately helping them recover and sustain operations more effectively.
2025-2026 Bill 682 Text of Previous Version (Mar.(May.
18,28, 2026)2025) - South Carolina Legislature Online South Carolina General Assembly126th Session, 2025-2026Bill 682Indicates Matter StrickenIndicates New Matter(Text matches printed bills.
Document has been reformatted to meet World Wide Web specifications.) Indicates Matter Stricken Indicates New Matter Committee ReportA Marchbill 18, 2026TO AMEND S.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;
682 Introduced by Senators Young, Kimbrell, Corbin, Gambrell, Cromer, Massey, Rice, Verdin, Campsen, Kennedy, Garrett, Elliott, Stubbs, Ott, Nutt and Alexander S.
Printed 3/18/26--S.
Read the first time May 28, 2025 ________ The committee on Senate Finance To whom was referred a Bill (S.
682) 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, etc., respectfully Report:
That they have duly and carefully considered the same, and recommend that the same do pass with amendment:
Amend the bill, as and if amended, SECTION 1, by striking Section 12-6-3830(A)(1) and (2) and inserting:
(1) A taxpayer is allowed an income tax credit in an amount equal to one hundred percent of the taxpayer's timber casualty loss in a federally declared disaster area from Hurricane Helene which struck in September 2024.
The credit amount shall not exceed the number of the taxpayer's affected acres of eligible timber property in the disaster areas multiplied by five hundred fifty dollars.
The total calculated amount of the credit for the timber casualty loss must be reduced by any private insurance payments or Federal assistance received by the property owner for the same timber casualty loss.
Any unused credit may be carried forward for the next five tax years.
(2) Notwithstanding item (1), the maximum aggregate credit for all taxpayers in all tax years may not exceed twenty-five million dollars.
The credit is allowed on a first come first served basis.If the total amount of credits claimed in a tax year exceeds the maximum amount, then the amount of each credit must be reduced proportionately based on the taxpayer's eligible timber casualty loss compared to all eligible timber casualty losses.
Renumber sections to conform.
Amend title to conform.
HARVEY PEELER for Committee.
_______ 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;
----XX---- This web page was last updated on MarchMay 18,28, 20262025 at 05:2412:46 PM
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill establishes a new income tax credit for timber casualty losses due to Hurricane Helene and modifies regulations regarding disaster relief income deductions.
-
Section 12-6-3830
(A)(1) A taxpayer is allowed an income tax credit in an amount equal to one hundred percent of the taxpayer's timber casualty loss in a federally declared disaster area from Hurricane Helene which struck in September 2024. The credit amount shall not exceed the number of the taxpayer's affected acres of eligible timber property in the disaster areas multiplied by five hundred fifty dollars. The total calculated amount of the credit for the timber casualty loss must be reduced by any private insurance payments or federal assistance received by the property owner for the same timber casualty loss. Any unused credit may be carried forward for the next five tax years. (2) Notwithstanding item (1), the maximum aggregate credit for all taxpayers in all tax years may not exceed twenty-five million dollars. If the total amount of credits claimed in a tax year exceeds the maximum amount, then the amount of each credit must be reduced proportionately based on the taxpayer's eligible timber casualty loss compared to all eligible timber casualty losses. (B) The department, in consultation with the State Forestry Commission, shall establish an application process whereby a taxpayer may apply for the credit. The application process must include a requirement for a certification by the property owner and a registered forester that the timber casualty loss qualifies. The department may not approve any credit that exceeds the maximum aggregate amount set forth in subsection (A)(2). (C) The State Forestry Commission shall establish criteria for determining whether timber property is damaged or destroyed to qualify as a timber casualty loss under this section. In establishing such criteria, the commission may consider, but is not limited to, the following: (1) the average damage sustained throughout the timber property; (2) whether the timber property has adequate remaining trees per acre to maintain viable timber property; and (3) the risk of insect disease damage to the timber property as a result of the disaster. (D) The State Forestry Commission is authorized to conduct audits of timber property for compliance with this section at the request of the Department of Revenue.
This provision introduces a new income tax credit for taxpayers suffering timber losses due to Hurricane Helene and outlines the conditions for claiming the credit.
-
Section 12-6-1140
(15) to the extent such income is included in federal taxable income, payments received resulting from Hurricane Helene which struck in September 2024, from a federal disaster relief, assistance grant program administered by this State or political divisions thereof, or the United States Department of Agriculture, if the payment or grant was established to specifically address agricultural losses suffered in a federally declared disaster area.
This amendment allows individuals to deduct disaster relief payments received from certain agencies for losses due to Hurricane Helene from their taxable income.
Action History
-
Referred to Committee on Ways and Means
-
Introduced and read first time
-
Read third time and sent to House
-
Roll call Ayes-38 Nays-5
-
Read second time
-
Committee Amendment Adopted
-
Committee report: Favorable with amendment Finance
-
Referred to Committee on Finance
-
Introduced and read first time
Sponsors
- Roger A. Nutt · Primary
- Jr. Senator Tom Young · Primary
- Senator Josh Kimbrell · Primary
- Senator Thomas D. "Tom" Corbin · Primary
- Senator Michael W. Gambrell · Primary
- Senator A. Shane Massey · Primary
- Senator Rex F. Rice · Primary
- Senator Daniel B. "Danny" Verdin III · Primary
- Senator George E. "Chip" Campsen III · Primary
- Senator Carlisle Kennedy · Primary
- Senator Billy Garrett · Primary
- Senator Jason Elliott · Primary
- Senator Everett Stubbs · Primary
- Senator Russell L. Ott · Primary
- Senator Thomas C. Alexander · Primary
Sponsorship breakdown
Export CSV (upgrade) →15 sponsors · 0 co-sponsors · 155 not signed on · 5 voted No
Sponsors (15)
- Nutt, Roger A.
- Senator Tom Young, Jr.
- Senator Josh Kimbrell
- Senator Thomas D. "Tom" Corbin
- Senator Michael W. Gambrell
- Senator A. Shane Massey
- Senator Rex F. Rice
- Senator Daniel B. "Danny" Verdin III
- Senator George E. "Chip" Campsen III
- Senator Carlisle Kennedy
- Senator Billy Garrett
- Senator Jason Elliott
- Senator Everett Stubbs
- Senator Russell L. Ott
- Senator Thomas C. Alexander
Co-sponsors (0)
None.
Not signed on (155)
155 members have not signed on to this bill.
Show all 155 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 38 | 5 | 0 | 2 |
| Total | 38 | 5 | 0 | 2 |
| % of votes cast | 84% | 11% | 0% | 4% |
How each member voted (45)
Subjects
Frequently asked questions
- What does S 682 do?
- 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.
- Who sponsors S 682?
- S 682 is sponsored by Nutt, Roger A., Senator Tom Young, Jr., Senator Josh Kimbrell, Senator Thomas D. "Tom" Corbin, Senator Michael W. Gambrell, Senator A. Shane Massey, Senator Rex F. Rice, Senator Daniel B. "Danny" Verdin III, Senator George E. "Chip" Campsen III, Senator Carlisle Kennedy, Senator Billy Garrett, Senator Jason Elliott, Senator Everett Stubbs, Senator Russell L. Ott, and Senator Thomas C. Alexander.
- What is the current status of S 682?
- This bill has passed the Senate. Introduced May 28, 2025. It now moves to the second chamber.
- Where can I track S 682?
- Track S 682 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on S 682
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of S 682
Last checked for changes 2 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →