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S. 1122
STATUS INFORMATION
General Bill
Sponsors: Senator McConnell
Document Path: l:\s-jud\bills\mcconnell\jud0035.gfm.doc
Introduced in the Senate on February 7, 2006
Currently residing in the Senate Committee on Finance
Summary: Sales and use tax exemptions
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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2/7/2006 Senate Introduced and read first time SJ-7
2/7/2006 Senate Referred to Committee on Finance SJ-7
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 12-36-2130, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTION FROM USE TAX PERSONAL PROPERTY PURCHASED BY A CHARITABLE, ELEEMOSYNARY, OR NONPROFIT ENTITY TO BE GIVEN TO THE PUBLIC, FREE OF CHARGE, IN RELATION TO THE ENTITY'S PURPOSE, SO AS TO EXEMPT FROM THE USE TAX PERSONAL PROPERTY PURCHASED OR ACQUIRED BY ORGANIZATIONS EXEMPT UNDER SECTION 12-37-220A(3) AND (4) AND B(5), (6), (8), (12), (16), (19), (22), AND (24), WITH THE INTENTION THAT THE PROPERTY BE GIVEN TO THIRD PARTIES IN FURTHERANCE OF CHARITABLE OR PUBLIC PURPOSES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-36-2130 of 1976 Code is amended to read:
"Section 12-36-2130. Exempted from the use tax imposed by Article 13 of this chapter are the sales prices of:
(1) property the gross proceeds of sales of which are required to be included in the measure of the tax imposed by the provisions of Article 9 of this chapter and on which the tax has been paid by its seller or retailer.;
(2) tangible personal property and exhibition rentals purchased or leased from sources outside this State by charitable, eleemosynary, or governmental organizations operating museums if the property purchased or leases entered into are directly related to museum purposes.; and
(3) personal property purchased or acquired by organizations exempt under Section 12-37-220A(3) and (4) and B(5), (6), (8), (12), (16), (19), (22), and (24), with the intention that such property is to be given, without remuneration, to third parties in furtherance of charitable or public purposes."
SECTION 2. This act takes effect upon approval by the Governor.
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