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H. 3320
STATUS INFORMATION
General Bill
Sponsors: Rep. Stavrinakis
Document Path: l:\council\bills\bbm\9560dg17.docx
Introduced in the House on January 10, 2017
Currently residing in the House Committee on Ways and Means
Summary: SC sales tax exemptions
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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12/15/2016 House Prefiled
12/15/2016 House Referred to Committee on Ways and Means
1/10/2017 House Introduced and read first time (House Journal-page 161)
1/10/2017 House Referred to Committee on Ways and Means
(House Journal-page 16)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM THE STATE SALES TAX, SO AS TO INCLUDE THE GROSS PROCEEDS OF SALES OR THE SALES PRICE OF MACHINERY, MACHINE TOOLS, AND PARTS OF THEM, USED IN THE PRODUCTION OF ELECTRICITY FROM A RENEWABLE ENERGY SOURCE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-36-2120 of the 1976 Code, as last amended by Act 256 of 2016, is further amended by adding an appropriately numbered item at the end to read:
"( ) machinery and machine tools, or part of them, actually used in the production of electricity from a renewable source including, but not limited to, solar, wind, tides, geothermal, and biomass, whether or not the purchases of these items are capitalized or expensed."
SECTION 2. This act takes effect July 1, 2016.
This web page was last updated on
January 17, 2017 at 9:56 AM