Current StatusView additional legislative information at the LPITS web site.Bill Number: 2045 Ratification Number: 37 Act Number 18 Introducing Body: House Subject: Sales tax exemptions, to provide that sales of kerosene in quantities of twenty gallons or less are considered used for residential heating
(A18, R37, H2045)
AN ACT TO AMEND SECTION 12-35-550, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SALES TAX EXEMPTIONS, SO AS TO PROVIDE THAT SALES OF KEROSENE IN QUANTITIES OF TWENTY GALLONS OR LESS ARE CONSIDERED USED FOR RESIDENTIAL HEATING PURPOSES.
Be it enacted by the General Assembly of the State of South Carolina:
Exemption
SECTION 1. Item (37) of Section 12-35-550 of the 1976 Code is amended to read:
"(37) The gross proceeds of the sale of electricity, natural gas, fuel oil, kerosene, LP gas, coal, or any other combustible heating material or substance used for residential purposes. Individual sales of kerosene of twenty gallons or less by retail establishments are considered used for residential heating purposes."
Time effective
SECTION 2. This act takes effect upon approval by the Governor.