H 3584 General Bill, By R.M. Young, Bailey, G.A. Brown, R.C. Fulmer, 
S.E. Gonzales, T.E. Huff, M.F. Jaskwhich, Keegan, W.S. McCain, McCraw, Phillips, 
Quinn, J. Rama, C.C. Wells, D. Williams, S.S. Wofford, D.A. Wright and 
Young-Brickell
 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.

   02/26/91  House  Introduced and read first time HJ-13
   02/26/91  House  Referred to Committee on Ways and Means HJ-13

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.