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Session 125 - (2023-2024)Printer Friendly
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H 5046 General Bill, By Carter, Ott, Ligon, Hiott and Hixon
Summary: Restocking fees
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-90, RELATING TO "GROSS PROCEEDS OF SALES", SO AS TO PROVIDE THAT "GROSS PROCEEDS OF SALES" DOES NOT INCLUDE THE SALES PRICE OF PROPERTY RETURNED WHEN THE FULL SALES PRICE MINUS A RESTOCKING OR HANDLING FEE IS REFUNDED; AND BY AMENDING SECTION 12-36-130, RELATING TO "SALES PRICE", SO AS TO PROVIDE THAT "SALES PRICE" DOES NOT INCLUDE AN AMOUNT CHARGED FOR PROPERTY, WHICH IS RETURNED BY THE PURCHASER, AND THE FULL AMOUNT MINUS A RESTOCKING OR HANDLING FEE IS REFUNDED.
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Summary: Restocking fees
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-90, RELATING TO "GROSS PROCEEDS OF SALES", SO AS TO PROVIDE THAT "GROSS PROCEEDS OF SALES" DOES NOT INCLUDE THE SALES PRICE OF PROPERTY RETURNED WHEN THE FULL SALES PRICE MINUS A RESTOCKING OR HANDLING FEE IS REFUNDED; AND BY AMENDING SECTION 12-36-130, RELATING TO "SALES PRICE", SO AS TO PROVIDE THAT "SALES PRICE" DOES NOT INCLUDE AN AMOUNT CHARGED FOR PROPERTY, WHICH IS RETURNED BY THE PURCHASER, AND THE FULL AMOUNT MINUS A RESTOCKING OR HANDLING FEE IS REFUNDED.
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02/06/24 | House | Introduced and read first time (House Journal-page 10) |
02/06/24 | House | Referred to Committee on Ways and Means (House Journal-page 10) |