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H. 3924
STATUS INFORMATION
General Bill
Sponsors: Rep. Stavrinakis
Document Path: l:\council\bills\jn\3364dg21.docx
Introduced in the House on February 18, 2021
Currently residing in the House Committee on Ways and Means
Summary: Sales Tax Exemption
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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2/18/2021 House Introduced and read first time (House Journal-page 60)
2/18/2021 House Referred to Committee on Ways and Means
(House Journal-page 60)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 12-36-2120, 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 is 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 July 1, 2021.
This web page was last updated on
July 20, 2021 at 11:58 AM