Bill 3867

                    Current Status

Bill Number:               3867
Ratification Number:       492
Act Number                 422
Introducing Body:          House
Subject:                   Delete requirement to mark containers
                           for military use only

(A422, R492, H3867)

AN ACT TO AMEND SECTION 12-21-1050, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE PAYMENT OF THE TAX ON BEER AND WINE AND THE IDENTIFICATION OF CONTAINERS IN WHICH BEER AND WINE ARE SHIPPED INTO THE STATE, SO AS TO DELETE THE REQUIREMENT THAT INDIVIDUAL CONTAINERS AND CASES FOR MILITARY USE ONLY BE SO MARKED.

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

Delete requirement to mark containers for military use only

Section 1. Section 12-21-1050 of the 1976 Code is amended to read:

"Section 12-21-1050. The tax prescribed in this article shall be paid by requiring each wholesaler to make a report to the Tax Commission, in such form as the Commission may prescribe, of all beer and wine sold or disposed of within this State by such wholesaler and to pay the tax due thereon not later than the twentieth of the month following the sale of beer or wine. Any wholesaler who fails to file the report or to pay the tax as prescribed herein shall pay a penalty of one quarter of one percent of the amount of the tax due and unpaid or unreported for each day the tax remains unpaid or unreported. The penalty shall be assessed and collected by the Tax Commission in the manner as other taxes are assessed and collected. The Tax Commission may grant any wholesaler extensions of time for filing the reports and paying the taxes prescribed herein and no penalties shall be assessed or collected to the extent that such extensions of time are granted."

Time effective

Section 2. This act shall take effect upon approval by the Governor.