2015-2016 Bill 3568: Sales tax exemptions - South Carolina ...



South Carolina General Assembly121st Session, 2015-2016A69, R112, H3568STATUS INFORMATIONGeneral BillSponsors: Reps. G.R.?Smith, Duckworth, Burns, Goldfinch, Clemmons, Yow, Kirby, Spires, Norrell, CobbHunter, Daning, Parks, Mitchell, RobinsonSimpson, Bamberg, Limehouse, Sottile, Cole, Corley, Felder, Finlay, Funderburk, Gagnon, Hamilton, Hardee, Hardwick, Henderson, McCoy, McKnight, Nanney, Sandifer, Tallon, Wells, Willis, Dillard and StavrinakisDocument Path: l:\council\bills\dka\3061sa15.docxIntroduced in the House on February 11, 2015Introduced in the Senate on May 4, 2015Last Amended on May 26, 2015Passed by the General Assembly on June 3, 2015Governor's Action: June 9, 2015, SignedSummary: Sales tax exemptionsHISTORY OF LEGISLATIVE ACTIONSDateBodyAction Description with journal page number2/11/2015HouseIntroduced and read first time (House Journalpage?10)2/11/2015HouseReferred to Committee on Ways and Means (House Journalpage?10)4/15/2015HouseMember(s) request name added as sponsor: Dillard4/23/2015HouseMember(s) request name added as sponsor: Stavrinakis4/23/2015HouseCommittee report: Favorable Ways and Means (House Journalpage?120)4/28/2015HouseDebate adjourned until Wed., 42915 (House Journalpage?120)4/29/2015HouseAmended (House Journalpage?109)4/29/2015HouseRead second time (House Journalpage?109)4/29/2015HouseRoll call Yeas75 Nays15 (House Journalpage?110)4/30/2015HouseRead third time and sent to Senate (House Journalpage?10)5/4/2015SenateIntroduced and read first time (Senate Journalpage?11)5/4/2015SenateReferred to Committee on Finance (Senate Journalpage?11)5/20/2015SenateCommittee report: Favorable with amendment Finance (Senate Journalpage?7)5/26/2015SenateCommittee Amendment Adopted (Senate Journalpage?10)5/26/2015SenateAmended (Senate Journalpage?10)5/26/2015SenateRead second time (Senate Journalpage?10)5/26/2015SenateRoll call Ayes42 Nays0 (Senate Journalpage?10)5/27/2015SenateRead third time and returned to House with amendments (Senate Journalpage?48)6/3/2015HouseConcurred in Senate amendment and enrolled6/3/2015HouseRoll call Yeas99 Nays16/4/2015Ratified R 1126/9/2015Signed By Governor6/12/2015Effective date 01/01/166/15/2015Act No.?69View the latest legislative information at the websiteVERSIONS OF THIS BILL2/11/20154/23/20154/29/20155/20/20155/26/2015(A69, R112, H3568)AN ACT TO AMEND SECTION 12362120, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM THE STATE SALES TAX, SO AS TO EXEMPT CERTAIN CONSTRUCTION MATERIALS USED BY AN ENTITY ORGANIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A NONPROFIT ORGANIZATION, TO EXPAND THE EXEMPTION FOR PARTS AND SUPPLIES USED BY PERSONS ENGAGED IN THE BUSINESS OF REPAIRING OR RECONDITIONING AIRCRAFT, AND TO EXEMPT CERTAIN CHILDREN’S CLOTHING SOLD TO A PRIVATE CHARITABLE ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAX AND TO PROVIDE EXCEPTIONS. Be it enacted by the General Assembly of the State of South Carolina:Sales tax exemption for certain construction materialsSECTION1.Section 12362120 of the 1976 Code is amended by adding an appropriately numbered item at the end to read:“( )construction materials used by an entity organized under Section 501(c)(3) of the Internal Revenue Code as a nonprofit corporation to build, rehabilitate, or repair a home for the benefit of an individual or family in need. For purposes of this item, ‘an individual or family in need’ means an individual or family, as applicable, whose income is less than or equal to eighty percent of the county median income.”Expanding the sales tax exemption for aircraft parts and suppliesSECTION2.Section 12362120(52) of the 1976 Code is amended to read:“(52)parts and supplies used by persons engaged in the business of repairing or reconditioning aircraft. This exemption does not extend to tools and other equipment not attached to or that do not become a part of the aircraft;”Sales tax exemption for certain children’s clothingSECTION3.Section 12362120 of the 1976 Code is amended by adding an appropriately numbered item at the end to read:“()children’s clothing sold to a private charitable organization exempt from federal and state income tax, except for private schools, for the sole purpose of distribution by that organization to needy children. For purposes of this item:(a)‘clothing’ means those items exempt from sales and use tax pursuant to item (57)(a)(i) and (iii) of this section; and(b)‘needy children’ means children eligible for free meals under the National School Lunch Program of the United States Department of Agriculture.”Time effectiveSECTION4.This act takes effect January 1, 2016.Ratified the 4th day of June, 2015.Approved the 9th day of June, 2015. __________ ................
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