South Carolina General Assembly
116th Session, 2005-2006

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Bill 339

Indicates Matter Stricken
Indicates New Matter


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

COMMITTEE REPORT

February 23, 2005

S. 339

Introduced by Senator Leatherman

S. Printed 2/23/05--S.    [SEC 2/24/05 1:07 PM]

Read the first time January 26, 2005.

            

THE COMMITTEE ON FINANCE

To whom was referred a Bill (S. 339) to amend Article 7, Chapter 21, Title 12 of the 1976 Code, by adding Section 12-21-1085, to provide with certain exceptions that the taxes provided, etc., respectfully

REPORT:

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

HUGH K. LEATHERMAN, SR. for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

REVENUE IMPACT 1/

This bill would have no impact on state general fund revenue in FY2005-06.

Explanation

This bill would reinsert language that was repealed in HB3885, Section 69 in 2001 by adding Section 12-21-1085 to the Code of Laws of South Carolina by prohibiting the levy of any additional taxes on beer and wine except for the excise and license taxes provided for in Article 7 of Chapter 21 in Title 12 already implemented. This prohibition would not extend to beer brewed at a brewpub and the additional wine tax provided in Article 9 of Chapter 21. This bill would prohibit the State, a county, or a municipality from levying additional taxes on beer or wine, except for the sales and use tax or the local hospitality tax. According to the Department of Revenue, this bill would prohibit the levying of additional taxes on beer or wine itself, but the beer or wine wholesalers could be assessed a county business license tax. The Department of Revenue reports there were 61 licensed beer and wine wholesalers in the state in FY2003-04. Since the deletion of Section 12-21-1080 in 2001, no county or municipality has levied additional taxes on beer or wine products or license taxes on wholesalers. This bill would have no impact on state general fund revenue in FY2005-06.

Approved By:

William C. Gillespie

Board of Economic Advisors

1/ This statement meets the requirement of Section 2-7-71 for a state revenue impact, Section 2-7-76 for a local revenue impact, and Section 6-1-85(B) for an estimate of the shift in local property tax incidence.

A BILL

TO AMEND ARTICLE 7, CHAPTER 21, TITLE 12 OF THE 1976 CODE, BY ADDING SECTION 12-21-1085, TO PROVIDE WITH CERTAIN EXCEPTIONS THAT THE TAXES PROVIDED FOR IN ARTICLE 7 ARE IN LIEU OF ALL OTHER TAXES ON BEER AND WINE.

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

SECTION    1.    Article 7, Chapter 21, Title 12 of the 1976 Code is amended by adding:

"Section 12-21-1085.    Except as provided in Section 12-21-1035 and Article 9, the taxes provided for in this article are in lieu of all other taxes and licenses on beer and wine of the State, the county, or the municipality, except the sales and use tax or the local hospitality tax, and include licenses for its delivery by the wholesaler."

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

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