H 4668 Session 112 (1997-1998)
H 4668 General Bill, By Askins, Bailey, Carnell, Cato, J.G. Felder, Harrell,
Harris, Harrison, Harvin, Haskins, Jennings, Kennedy, Knotts, Lanford, Quinn,
Robinson and W.J. Young
A BILL TO AMEND SECTION 12-36-2110, AS AMENDED, CODE OF LAWS OF SOUTH
CAROLINA, 1976, RELATING TO THE MAXIMUM TAX IMPOSED ON THE SALE OR LEASE OF
CERTAIN ITEMS, SO AS TO PROVIDE THAT FOR PURPOSES OF COMPUTING THE MAXIMUM
SALES TAX ON THE SALE OR LEASE OF FIRE TRUCKS, ANY EQUIPMENT PURCHASED FROM
THE SAME VENDOR AND INSTALLED ON THAT FIRE TRUCK SHALL BE CONSIDERED PART OF
THE PURCHASE OR LEASE PRICE OF THE FIRE TRUCK.
02/19/98 House Introduced and read first time HJ-4
02/19/98 House Referred to Committee on Ways and Means HJ-4
A BILL
TO AMEND SECTION 12-36-2110, AS AMENDED, CODE OF
LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE
MAXIMUM TAX IMPOSED ON THE SALE OR LEASE OF
CERTAIN ITEMS, SO AS TO PROVIDE THAT FOR PURPOSES
OF COMPUTING THE MAXIMUM SALES TAX ON THE SALE
OR LEASE OF FIRE TRUCKS, ANY EQUIPMENT PURCHASED
FROM THE SAME VENDOR AND INSTALLED ON THAT FIRE
TRUCK SHALL BE CONSIDERED PART OF THE PURCHASE
OR LEASE PRICE OF THE FIRE TRUCK.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. Section 12-36-2110(A) of the 1976 Code, as last
amended by Act 431 of 1996, is further amended to read:
"(A) The maximum tax imposed by this chapter is three hundred
dollars for each sale made after June 30, 1984, or lease executed after
August 31, 1985, of each:
(1) aircraft, including unassembled aircraft which is to be
assembled by the purchaser, but not items to be added to the
unassembled aircraft;
(2) motor vehicle;
(3) motorcycle;
(4) boat;
(5) trailer or semitrailer, pulled by a truck tractor, as defined in
Section 56-3-20, and horse trailers but not including house trailers or
campers as defined in Section 56-3-710;
(6) recreational vehicle, including tent campers, travel trailer,
park model, park trailer, motor home, and fifth wheel; or
(7) self-propelled light construction equipment with compatible
attachments limited to a maximum of one hundred sixty net engine
horsepower.
For purposes of computing the maximum sales tax on the sale
or lease of fire trucks, any equipment purchased from the same
vendor and installed on that fire truck shall be considered part of the
purchase or lease price of the fire truck.
In the case of a lease, the total tax rate required by law applies on
each payment until the total tax paid equals three hundred dollars.
Nothing in this section prohibits a taxpayer from paying the total tax
due at the time of execution of the lease, or with any payment under
the lease. To qualify for the tax limitation provided by this section,
a lease must be in writing and specifically state the term of, and
remain in force for, a period in excess of ninety continuous days."
SECTION 2. This act takes effect upon approval by the Governor.
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