South Carolina General Assembly
118th Session, 2009-2010

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H. 4442

STATUS INFORMATION

General Bill
Sponsors: Rep. J.R. Smith
Document Path: l:\council\bills\ggs\22466sd10.docx

Introduced in the House on January 27, 2010
Currently residing in the House Committee on Ways and Means

Summary: Sales and use tax exemptions

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   1/27/2010  House   Introduced and read first time HJ-32
   1/27/2010  House   Referred to Committee on Ways and Means HJ-32

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/27/2010

(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 INCLUDING THE EXEMPTION OF CHARITABLE ORGANIZATIONS IF THE NET PROCEEDS ARE USED EXCLUSIVELY FOR THE CHARITABLE ORGANIZATION'S TAX EXEMPT PURPOSES, SO AS TO PROVIDE THAT THE SALE BY SUCH AN ORGANIZATION OF HANDGUNS, RIFLES, SHOTGUNS, AND RELATED AMMUNITION SHALL BE SALES TAX FREE ONLY ON THE "SECOND AMENDMENT WEEKEND" AS DEFINED IN THIS SECTION.

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

SECTION    1.    Section 12-36-2120(41) of the 1976 Code is amended to read:

"(41)    items sold by organizations exempt under Section 12-37-220A(3) and (4) and B(5), (6), (7), (8), (12), (16), (19), (22), and (24), if the net proceeds are used exclusively for exempt purposes and no benefit inures to any individual. An organization whose sales are exempted by this item is also exempt from the retail license tax provided in Article 5 of this chapter. Notwithstanding the provisions of this item, the sale by such an organization of handguns, rifles, and shotguns and related ammunition shall be sales tax free only on the 'Second Amendment Weekend' as defined in item (76) of this section;"

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

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This web page was last updated on Monday, October 10, 2011 at 12:24 P.M.