Current Status Introducing Body:Senate Bill Number:389 Primary Sponsor:Lourie Committee Number:06 Type of Legislation:GB Subject:Food, sales tax reduced when lottery conducted Residing Body:Senate Current Committee:Finance Computer Document Number:389 Introduced Date:Jan 08, 1991 Last History Body:Senate Last History Date:Jan 08, 1991 Last History Type:Introduced and read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Lourie Shealy Type of Legislation:General Bill
Bill Body Date Action Description CMN
---- ------ ------------ ------------------------------ ---
389 Senate Jan 08, 1991 Introduced and read first 06
time, referred to Committee
389 Senate Dec 10, 1990 Prefiled, referred to 06
Committee
View additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-36-2125, SO AS TO REDUCE THE SALES TAX ON FOOD UPON THE PASSAGE OF A CONSTITUTIONAL AMENDMENT ALLOWING STATE LOTTERIES TO BE CONDUCTED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 36, Title 12 of the 1976 Code is amended by adding:
"Section 12-36-2125. The sales tax on food and beverages must be an amount equal to four percent of the gross proceeds of sales of the commodities. Any reduction in tax revenue caused by this section must not affect the amount of revenue generated by Section 12-36-2620 to fund the South Carolina Education Improvement Act of 1984 in the manner provided by Section 59-21-1010(B). The General Assembly shall, if there is a reduction in revenue which is not offset by the revenue generated by state lotteries, determine how to distribute state revenue to cover the shortfall. The sales tax on beer, wine, liquor, and tobacco products is not affected by this section."
SECTION 2. This act takes effect ninety days after the ratification of amendments to Section 7, Article XVII of the Constitution of South Carolina, 1895, allowing the State to conduct lotteries.