South Carolina Legislature




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Session 113 - (1999-2000)Printer Friendly
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S 0019 General Bill, By Leventis, Passailaigue, Elliott, Ryberg, Wilson, Giese, Land, Setzler, Leatherman, Peeler, Thomas, McGill, Courson, O'Dell, Reese, Branton, Russell, McConnell, Martin, Alexander, Holland, Fair, Ravenel and Gregory
Similar (H 3674)
Summary: Sales and use tax credit on uncollectible amounts, later payment date provided; Taxation
    A BILL TO AMEND SECTION 12-36-90, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DEFINITION OF "GROSS PROCEEDS OF SALES" FOR PURPOSES OF THE STATE SALES AND USE TAX, SO AS TO EXEMPT FROM THAT DEFINITION THE SALES PRICE ON SALES WHICH ARE UNCOLLECTIBLE, TO PROVIDE FOR CREDIT FOR TAXES PAID ON UNCOLLECTIBLE AMOUNTS, AND TO PROVIDE FOR LATER PAYMENT OF TAXES ON AMOUNTS SUBSEQUENTLY COLLECTED.
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11/18/98Senate Prefiled
11/18/98Senate Referred to Committee on Finance
01/12/99Senate Introduced and read first time SJ-15
01/12/99Senate Referred to Committee on Finance SJ-15



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