South Carolina General Assembly
111th Session, 1995-1996

Bill 644


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                       644
Type of Legislation:               General Bill GB
Introducing Body:                  Senate
Introduced Date:                   19950316
Primary Sponsor:                   Leventis 
All Sponsors:                      Leventis 
Drafted Document Number:           jic\5607htc.95
Companion Bill Number:             3710
Residing Body:                     Senate
Current Committee:                 Finance Committee 06 SF
Subject:                           Recycling machinery, sales tax
                                   exempt



History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

Senate  19950316  Introduced, read first time,             06 SF
                  referred to Committee

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SALES TAX EXEMPTIONS, SO AS TO EXTEND THE EXEMPTION ALLOWED MANUFACTURING MACHINERY TO MACHINERY USED FOR RECYCLING AND TO DEFINE "RECYCLING".

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 12-36-2120(17) of the 1976 Code, as added by Act 612 of 1990, is amended to read:

"(17) machines used in manufacturing, processing, recycling, compounding, mining, or quarrying tangible personal property for sale. `Machines' include the parts of machines, attachments, and replacements used, or manufactured for use, on or in the operation of the machines and which are necessary to the operation of the machines and are customarily so used. This exemption does not include automobiles or trucks;. As used in this item, `recycling' means any process by which materials which would otherwise become solid waste are collected, separated, or processed and reused or returned to use in the form of raw materials or products, including composting, for sale;"

SECTION 2. This act takes effect upon approval by the Governor.

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