Current Status Introducing Body:House Bill Number:4739 Primary Sponsor:Hines Committee Number:30 Type of Legislation:GB Subject:Sales tax exemption certificate Residing Body:House Current Committee:Ways and Means Computer Document Number:JIC/5505HC.94 Introduced Date:19940215 Last History Body:House Last History Date:19940215 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Hines Inabinett Neilson McKay Harwell Corning Anderson Harrelson McLeod Rhoad R. Smith Vaughn McMahand Boan Govan Snow Beatty Elliott Breeland M.O. Alexander Moody-Lawrence Harrison Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
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4739 House 19940215 Introduced, read first time, 30
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-36-2680 SO AS TO AUTHORIZE THE SALES TAX EXEMPTION CERTIFICATE FOR CERTAIN ITEMS TO BE FILED WITH THE RETAILER RATHER THAN PRESENTED AT THE TIME OF EACH SALE, TO REQUIRE THE BUYER MAKING A TAX-EXEMPT PURCHASE PURSUANT TO A CERTIFICATE ON FILE WITH THE RETAILER TO SIGN A STATEMENT THAT THE ITEMS PURCHASED ARE FOR EXEMPT PURPOSES, AND TO PROVIDE THAT THE PURCHASER'S SIGNATURE ON SUCH A STATEMENT MAKES THE PURCHASER LIABLE FOR ANY TAX DETERMINED TO BE DUE ON THE SALE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 25, Chapter 36, Title 12 of the 1976 Code is amended by adding:
"Section 12-36-2680. The department shall prescribe an exemption certificate for use by persons purchasing items exempt pursuant to items (5), (6), (7), (16), (18), (23), (32), and (44) of Section 12-36-2120. This exemption certificate may be presented upon each purchase by the holder or the retailer may keep on file a copy of the certificate. When an exempt sale is made pursuant to a certificate on file, the purchaser must sign a statement that the items purchased are to be used for exempt purposes. When this signed statement is provided, the liability for any tax determined to be due is solely on the purchaser."
SECTION 2. This act takes effect on the first day of the third month following approval by the Governor.