South Carolina Legislature




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Session 117 - (2007-2008)Printer Friendly
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S*1143 (Rat #0356, Act #0338 of 2008) General Bill, By McConnell, Martin, Alexander, Hayes, Hutto, Ceips, Peeler, Leventis, Rankin, Setzler, Knotts and Malloy
Similar (H 4761)
Summary: Sales tax exemptions
    AN ACT TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM THE SALES TAX, SO AS TO PROVIDE THAT ENERGY EFFICIENT PRODUCTS PURCHASED FOR NONCOMMERCIAL HOME OR PERSONAL USE WITH A SALES PRICE OF TWO THOUSAND FIVE HUNDRED DOLLARS PER PRODUCT OR LESS ARE EXEMPT FROM THE SALES TAX UNDER CERTAIN CONDITIONS, AND TO PROVIDE FOR THE DURATION OF THE EXEMPTION AND ITS APPLICABILITY DURING A PARTICULAR FISCAL YEAR BASED ON REVENUE FORECASTS; TO ENACT THE "SECOND AMENDMENT RECOGNITION ACT" BY AMENDING SECTION 12-36-2120, AS AMENDED, RELATING TO EXEMPTIONS FROM THE SALES TAX, SO AS TO EXEMPT THE SALES OF HANDGUNS, RIFLES, AND SHOTGUNS DURING A SPECIFIED FORTY-EIGHT HOUR WEEKEND PERIOD; AND BY ADDING SECTION 12-28-340 SO AS TO PROVIDE THAT REGARDLESS OF OTHER PRODUCTS OFFERED, CERTAIN MOTOR FUEL TERMINALS LOCATED WITHIN THE STATE MUST OFFER A PETROLEUM PRODUCT THAT HAS NOT BEEN BLENDED WITH ETHANOL AND THAT IS SUITABLE FOR SUBSEQUENT BLENDING WITH ETHANOL, TO PROVIDE THAT A PERSON OR ENTITY MUST NOT TAKE ANY ACTION TO DENY A MOTOR FUEL DISTRIBUTOR OR MOTOR FUEL RETAILER WHO IS DOING BUSINESS IN THIS STATE AND WHO HAS REGISTERED WITH THE INTERNAL REVENUE SERVICE ON FORM 637(M) FROM BEING THE BLENDER OF RECORD AFFORDED THEM BY THE ACCEPTANCE BY THE INTERNAL REVENUE SERVICE OF FORM 637(M); AND TO PROVIDE THAT A DISTRIBUTOR OR RETAILER AND A REFINER MUST UTILIZE THE RENEWABLE IDENTIFICATION NUMBER (RIN) TRADING SYSTEM. - ratified title
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02/21/08Senate Introduced and read first time SJ-56
02/21/08Senate Referred to Committee on Finance SJ-56
04/23/08Senate Committee report: Favorable with amendment Finance SJ-21
04/24/08Senate Committee Amendment Adopted SJ-82
04/24/08Senate Read second time SJ-82
04/29/08Senate Read third time and sent to House SJ-55
04/30/08House Introduced and read first time HJ-9
04/30/08House Referred to Committee on Ways and Means HJ-9
05/15/08House Committee report: Favorable with amendment Ways and Means HJ-10
05/21/08House Amended HJ-30
05/21/08House Read second time HJ-32
05/21/08House Roll call Yeas-109 Nays-0 HJ-32
05/22/08House Read third time and returned to Senate with amendments HJ-10
05/28/08Senate House amendment amended SJ-112
05/28/08Senate Returned to House with amendments SJ-112
05/29/08Senate Return requested from House
05/29/08Senate House amendment amended
05/29/08Senate Returned to House with amendments
05/29/08House Debate adjourned on Senate amendments until Tuesday, June 3, 2008 HJ-58
05/29/08 Scrivener's error corrected
06/03/08House Debate adjourned on Senate amendments until Wednesday, June 4, 2008 HJ-160
06/04/08House Concurred in Senate amendment and enrolled HJ-99
06/04/08House Roll call Yeas-99 Nays-10 HJ-101
06/05/08 Ratified R 356
06/11/08 Vetoed by Governor
06/25/08Senate Veto overridden by originating body Yeas-35 Nays-8
06/25/08House Veto overridden Yeas-92 Nays-9
06/30/08 Copies available
06/30/08 Effective date See Act for Effective Date
07/11/08 Act No. 338



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