Download This Bill in Microsoft Word format

Bill 842

                    Current Status

Bill Number:                      842
Type of Legislation:              General Bill GB
Introducing Body:                 Senate
Introduced Date:                  19990520
Primary Sponsor:                  Holland
All Sponsors:                     Holland
Drafted Document Number:          l:\s-jud\bills\holland\jud0063.dhh.doc
Residing Body:                    Senate
Current Committee:                Finance Committee 06 SF
Subject:                          Sales tax exemptions, manufacturer 
                                  includes activities of compounders; Taxation


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
Senate  19990520  Introduced, read first time,           06 SF
                  referred to Committee


                             Versions of This Bill

TO AMEND SECTION 12-36-2120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM SALES TAX, SO AS TO PROVIDE THAT COMPOUNDERS BE INCLUDED IN THE SECTION.

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

SECTION 1. Section 12-36-2120(9)(d) and (19) of the 1976 Code are amended to read:

"(d) the generation of motive power for transportation. For the purposes of this exemption, 'manufacturer' or 'manufacturing' includes the activities of mining, and quarrying, and compounding;

(19) electricity used by cotton gins, manufacturers, miners, or quarriers to manufacture, mine, or quarry tangible personal property for sale. For purposes of this item 'manufacture' 'manufacturer' or 'manufacture' includes the activities of processors and compounders;"

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

This web page was last updated on Wednesday, December 9, 2009 at 9:08 A.M.