Current Status Introducing Body:Senate Bill Number:1293 Primary Sponsor:Pope Committee Number:06 Type of Legislation:JR Subject:Motor vehicle warranty work, sales tax exempt, when Residing Body:Senate Current Committee:Finance Companion Bill Number:4188 Computer Document Number:JIC/6044.HC Introduced Date:Feb 12, 1992 Last History Body:Senate Last History Date:Feb 12, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Pope Type of Legislation:Joint Resolution
Bill Body Date Action Description CMN
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1293 Senate Feb 12, 1992 Introduced, read first time, 06
referred to Committee
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TO PROVIDE THAT THE SALES AND USE TAX DOES NOT APPLY TO THE VALUE OF PARTS REPLACED UNDER WRITTEN MOTOR VEHICLE WARRANTY CONTRACTS REQUIRING CO-PAYMENTS ON WARRANTY WORK PERFORMED BEFORE OCTOBER 1, 1991.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding the provisions of Section 12-36-90(1)(c)(iii)(C) of the 1976 Code, co-payments required pursuant to written motor vehicle warranty contracts on warranty work performed before October 1, 1991, do not subject the value of the parts replaced to the sales and use tax under the definition of "gross proceeds of sales" of Section 12-36-90 of the 1976 Code.
SECTION 2. This joint resolution takes effect upon approval by the Governor.