South Carolina General Assembly
106th Session, 1985-1986

Bill 3537

                    Current Status

Bill Number:               3537
Ratification Number:       519
Act Number:                468
Introducing Body:          House
Subject:                   Relating to exemptions from sales
                           tax
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A468, R519, H3537)

AN ACT TO AMEND SECTION 12-35-550, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXEMPTIONS FROM SALES TAX SO AS TO PROVIDE THAT EFFECTIVE JULY 1, 1987, TELEPHONE CARRIER ACCESS CHARGES AND CUSTOMER ACCESS LINE CHARGES ESTABLISHED BY THE FEDERAL COMMUNICATIONS COMMISSION OR THE SOUTH CAROLINA PUBLIC SERVICE COMMISSION ARE ALSO EXEMPT FROM THE SALES TAX.

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

Exemption

SECTION 1. Item (10) of Section 12-35-550 of the 1976 Code is amended to read:

"(10) The gross proceeds from the toll charges for the transmission of voice or messages between telephone exchanges and telegraph messages, and carrier access charges and customer access line charges established by the Federal Communications Commission or the South Carolina Public Service Commission."

Time effective

SECTION 2. This act shall take effect July 1, 1987.