Senate: Johnson

Attorney: Good

Drafting Assistant: Charlton

Date: March 13, 2025

DOC. ID.: /LEGISLATIVE COUNCIL/DG/DRAFTS/LC-0189DG25/LC-0189DG25.DOCX

 

 

 

A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-2120, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT CAPITAL EQUIPMENT PURCHASED BY SCHOOL DISTRICTs, counties, OR MUNICIPALITies FOR USE ON CAPITAL PROJECTs.

 

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

 

SECTION 1.  Section 12-36-2120 of the S.C. Code is amended by adding:

 

    (85) capital equipment purchased by a school district, county, or municipality for use on a capital project.  For purposes of this item, "capital equipment" means an article of nonexpendable, tangible, personal property, to include communication software when purchased with a computer, having a useful life of more than one year, and an acquisition cost of fifty thousand dollars or more for each unit.

 

SECTION 2.  This act takes effect July 1, 2025.

----XX----