South Carolina General Assembly
111th Session, 1995-1996

Bill 3117

Indicates Matter Stricken
Indicates New Matter 

                    Current Status

Bill Number:                       3117
Type of Legislation:               General Bill GB
Introducing Body:                  House
Introduced Date:                   19950110
Primary Sponsor:                   Cato 
All Sponsors:                      Cato, Riser, Elliott 
Drafted Document Number:           PFM\7040BDW.95
Residing Body:                     Senate
Current Committee:                 Finance Committee 06 SF
Subject:                           Motor vehicle consumer
                                   leases
History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

Senate  19950328  Introduced, read first time,             06 SF
                  referred to Committee
House   19950324  Read third time, sent to Senate
House   19950323  Unanimous consent for third
                  reading on the next Legislative day
House   19950323  Read second time
House   19950322  Committee report: Favorable              26 HLCI
House   19950110  Introduced, read first time,             26 HLCI
                  referred to Committee
House   19941214  Prefiled, referred to Committee          26 HLCI
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE REPORT

March 22, 1995

H. 3117

Introduced by REPS. Cato, Riser and Elliott

S. Printed 3/22/95--H.

Read the first time January 10, 1995.

THE COMMITTEE ON

LABOR, COMMERCE AND INDUSTRY

To whom was referred a Bill (H. 3117), to amend the Code of Laws of South Carolina, 1976, by adding Section 12-36-935, etc., respectfully

REPORT:

That they have duly and carefully considered the same, and recommend that the same do pass:

HARRY F. CATO, for Committee.

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-36-935 SO AS TO PROVIDE REQUIREMENTS FOR CONSUMER LEASES FOR AUTOMOBILES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The 1976 Code is amended by adding:

"Section 12-36-935. When a person enters a consumer lease to lease an automobile and pays the sales tax pursuant to this article, the lessor shall inform the consumer that if the automobile is purchased at the end of the term of the lease, the consumer shall pay the sales tax again at the end of the term."

SECTION 2. This act takes effect upon approval by the Governor.

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