South Carolina General Assembly
109th Session, 1991-1992

Bill 3584


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Introducing Body:               House
Bill Number:                    3584
Primary Sponsor:                R. Young
Committee Number:               30
Type of Legislation:            GB
Subject:                        Income tax withholding, single
                                family residence
Residing Body:                  House
Current Committee:              Ways and Means
Computer Document Number:       JIC/5268.HC
Introduced Date:                Feb 26, 1991
Last History Body:              House
Last History Date:              Feb 26, 1991
Last History Type:              Introduced, read first time,
                                referred to Committee
Scope of Legislation:           Statewide
All Sponsors:                   R. Young
                                A. Young
                                G. Brown
                                D.
                                Williams
                                Fulmer
                                Quinn
                                G. Bailey
                                Wright
                                Rama
                                McCraw
                                Jaskwhich
                                McCain
                                Phillips
                                Keegan
                                Wells
                                Gonzales
                                Wofford
                                Huff
Type of Legislation:            General Bill



History


 Bill  Body    Date          Action Description              CMN
 ----  ------  ------------  ------------------------------  ---
 3584  House   Feb 26, 1991  Introduced, read first time,    30
                             referred to Committee

View additional legislative information at the LPITS web site.


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

A BILL

TO AMEND SECTION 12-9-510, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INCOME TAX WITHHOLDING ON SALES OF REAL PROPERTY BY NONRESIDENTS, SO AS TO EXEMPT SALES OF PRIMARY SINGLE FAMILY RESIDENCES FROM THE REQUIREMENT.

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

SECTION 1. Section 12-9-510 of the 1976 Code, as added by Act 424 of 1990, is amended by adding at the end:

"(D) The withholding requirements of this section do not apply to sales of primary single family residences."

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

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