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Session 117 - (2007-2008)Printer Friendly
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H*3289 (Rat #0067, Act #0034 of 2007) General Bill, By Vick
Summary: Sales and use tax exemptions
AN ACT TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT FROM SALES TAX THE GROSS PROCEEDS OF SALES OR SALES PRICE OF GOLD, SILVER, AND PLATINUM BULLION, LEGAL TENDER COINS, AND CURRENCY AND TO REQUIRE THE RETAILER TO MAINTAIN PROPER DOCUMENTATION AS REQUIRED BY THE SOUTH CAROLINA DEPARTMENT OF REVENUE FOR EACH EXEMPT SALE. - ratified title
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Summary: Sales and use tax exemptions
AN ACT TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXEMPT FROM SALES TAX THE GROSS PROCEEDS OF SALES OR SALES PRICE OF GOLD, SILVER, AND PLATINUM BULLION, LEGAL TENDER COINS, AND CURRENCY AND TO REQUIRE THE RETAILER TO MAINTAIN PROPER DOCUMENTATION AS REQUIRED BY THE SOUTH CAROLINA DEPARTMENT OF REVENUE FOR EACH EXEMPT SALE. - ratified title
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01/17/07 | House | Introduced and read first time HJ-14 |
01/17/07 | House | Referred to Committee on Ways and Means HJ-14 |
04/24/07 | House | Recalled from Committee on Ways and Means HJ-122 |
04/25/07 | House | Read second time HJ-34 |
04/26/07 | House | Debate adjourned HJ-8 |
04/26/07 | House | Read third time and sent to Senate HJ-16 |
04/26/07 | Senate | Introduced and read first time SJ-5 |
04/26/07 | Senate | Referred to Committee on Finance SJ-5 |
05/16/07 | Senate | Committee report: Favorable Finance SJ-13 |
05/22/07 | Senate | Read second time SJ-23 |
05/23/07 | Senate | Read third time and enrolled SJ-68 |
05/29/07 | Ratified R 67 | |
06/01/07 | Vetoed by Governor | |
06/05/07 | House | Veto overridden by originating body Yeas-75 Nays-21 HJ-50 |
06/06/07 | Senate | Veto sustained: Yeas-26 Nays-15 |
06/06/07 | Senate | Reconsidered vote whereby veto was sustained |
06/06/07 | Senate | Veto overridden Yeas-36 Nays-5 |
06/13/07 | Copies available | |
06/13/07 | Effective date 07/01/07 | |
06/15/07 | Act No. 34 |