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Session 109 - (1991-1992)Printer Friendly
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H*3773 (Rat #0176, Act #0110 of 1991) General Bill, By B.O. Baker, J.M. Baxley, W.P. Keesley, Kirsh, E.L. Nettles and Sharpe
    A Bill to amend Joint Resolution 550 of 1986, relating to a maximum sales tax on the sale of machinery for research and development for a period of five years and an exemption from ad valorem taxation for a period of five years of certain facilities engaged in research and development activities, so as to make these exemptions permanent rather than of a five-year duration and to designate Section 1 of Joint Resolution 550 of 1986 as Section 12-36-2120(43), Code of Laws of South Carolina, 1976, and to designate Section 2 of Joint Resolution 550 of 1986 as Section 12-37-220 B.(34) of the 1976 Code.
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04/04/91House Introduced and read first time HJ-4
04/04/91House Referred to Committee on Ways and Means HJ-4
04/25/91House Committee report: Favorable Ways and Means HJ-51
05/08/91House Read second time HJ-30
05/09/91House Read third time and sent to Senate HJ-14
05/09/91Senate Introduced and read first time SJ-10
05/09/91Senate Referred to Committee on Finance SJ-10
05/16/91Senate Recalled from Committee on Finance SJ-8
05/16/91Senate Read second time SJ-8
05/16/91Senate Unanimous consent for third reading on next legislative day SJ-8
05/17/91Senate Read third time and enrolled SJ-1
05/27/91 Ratified R 176
05/30/91 Signed By Governor
05/30/91 Effective date 05/30/91
05/30/91 Act No. 110
06/20/91 Copies available



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