Current Status Introducing Body:House Bill Number:4188 Primary Sponsor:Boan Committee Number:30 Type of Legislation:JR Subject:Sales tax, motor vehicle used parts Residing Body:House Current Committee:Ways and Means Companion Bill Number:1293 Computer Document Number:JIC/6019.HC Introduced Date:Jan 16, 1992 Last History Body:House Last History Date:Jan 16, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Boan Type of Legislation:Joint Resolution
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 4188 House Jan 16, 1992 Introduced, read first time, 30 referred to CommitteeView additional legislative information at the LPITS web site.
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.