South Carolina General Assembly
107th Session, 1987-1988

Bill 2045


                    Current Status

Bill Number:               2045
Ratification Number:       37
Act Number                 18
Introducing Body:          House
Subject:                   Sales tax exemptions, to provide that sales of
                                kerosene in quantities of twenty gallons or
                                less are considered used for residential
                                heating
View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A18, R37, H2045)

AN ACT TO AMEND SECTION 12-35-550, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SALES TAX EXEMPTIONS, SO AS TO PROVIDE THAT SALES OF KEROSENE IN QUANTITIES OF TWENTY GALLONS OR LESS ARE CONSIDERED USED FOR RESIDENTIAL HEATING PURPOSES.

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

Exemption

SECTION 1. Item (37) of Section 12-35-550 of the 1976 Code is amended to read:

"(37) The gross proceeds of the sale of electricity, natural gas, fuel oil, kerosene, LP gas, coal, or any other combustible heating material or substance used for residential purposes. Individual sales of kerosene of twenty gallons or less by retail establishments are considered used for residential heating purposes."

Time effective

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