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TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM THE STATE SALES TAX, SO AS TO INCLUDE THE GROSS PROCEEDS OF SALES OR THE SALES PRICE OF ANY DEVICE, EQUIPMENT, OR MACHINERY ACTUALLY USED IN THE PRODUCTION OF ELECTRIC OR HYBRID MOTOR VEHICLES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-36-2120 of the 1976 Code, as last amended by Act 235 of 2012, is further amended by adding an appropriately numbered item at the end to read:
"( ) any device, equipment, or machinery actually used in the production of electric or hybrid motor vehicles, whether or not the purchases of these items are capitalized or expensed."
SECTION 2. This act takes effect upon approval by the Governor.
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