Session 120 - (2013-2014)
H 3522 General Bill, By Stringer, Harrell, Bannister, Ballentine, Toole, G.M. Smith, Hardwick, Merrill, Edge, K.R. Crawford, Goldfinch, Putnam, Allison, Bingham, Daning, Delleney, Hamilton, Hardee, Henderson, Hiott, Horne, Lucas, Murphy, G.R. Smith and Sottile
Summary: Sales tax exemptions
A BILL TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SALES TAX EXEMPTIONS, SO AS TO DELETE VARIOUS EXEMPTIONS; TO PROVIDE THAT THE REVENUE GENERATED BY THIS ACT MUST BE CREDITED TO THE GENERAL RESERVE FUND; TO REENACT THE JOINT COMMITTEE ON TAXATION TO PROVIDE A COST BENEFIT ANALYSIS ON THE SALES TAX EXEMPTIONS; AND TO REPEAL SECTION 12-36-2130 RELATING TO THE STATE SALES TAX.
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