South Carolina General Assembly
113th Session, 1999-2000

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Bill 4893


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                      4893
Type of Legislation:              General Bill GB
Introducing Body:                 House
Introduced Date:                  20000411
Primary Sponsor:                  Neilson
All Sponsors:                     Neilson, J. Hines, Inabinett and Lucas
Drafted Document Number:          l:\council\bills\dka\3826mm00.doc
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Subject:                          Sales tax exemptions, machines used 
                                  necessary to comply with regulations for 
                                  pollution prevention; Conservation


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   20000411  Introduced, read first time,           30 HWM
                  referred to Committee


              Versions of This Bill

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 EXEMPTIONS FROM THE STATE SALES TAX, SO AS TO INCLUDE IN THE EXEMPTION FOR MACHINES USED TO MANUFACTURE, PROCESS, RECYCLE, COMPOUND, MINE, OR QUARRY TANGIBLE PERSONAL PROPERTY FOR SALE THOSE MACHINES NECESSARY TO COMPLY WITH FEDERAL REGULATIONS FOR THE PREVENTION OR ABATEMENT OF POLLUTION.

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 last amended by Act 346 of 1996, is further 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 (a) are necessary to the operation of the machines and are customarily so used, or (b) are necessary to comply with the order of an agency of the United States or of this State for the prevention or abatement of pollution of air, water, or noise that is caused or threatened by any machine used as provided in this section. This exemption does not include automobiles or trucks. As used in this item 'recycling' means any a process by which materials which that otherwise 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. However, In applying this exemption to machines used in recycling, the following percentage of the gross proceeds of sale, or sales price of, machines used in recycling are exempt from the taxes imposed by this chapter:

Fiscal Year of Sale Percentage

Fiscal year 1997-98 fifty percent

After June 30, 1998 one hundred percent;"

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

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