South Carolina General Assembly
119th Session, 2011-2012

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Indicates New Matter

H. 4053

STATUS INFORMATION

General Bill
Sponsors: Reps. Stavrinakis and Battle
Document Path: l:\council\bills\nbd\11577dg11.docx

Introduced in the House on April 7, 2011
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
-------------------------------------------------------------------------------
    4/7/2011  House   Introduced and read first time (House Journal-page 37)
    4/7/2011  House   Referred to Committee on Ways and Means 
                        (House Journal-page 37)
    2/1/2012  House   Member(s) request name added as sponsor: Battle

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

4/7/2011

(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 EXEMPTIONS FROM THE STATE SALES TAX, SO AS TO INCLUDE THE GROSS PROCEEDS OF SALES OR THE SALES PRICE OF ANY DEVICE, EQUIPMENT, OR MACHINERY ACTUALLY USED IN THE PRODUCTION OF ELECTRIC OR HYBRID MOTOR VEHICLES.

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

SECTION    1.    Section 12-36-2120 of the 1976 Code, as last amended by Act 280 of 2010, is further amended by adding an appropriately numbered item at the end to read:

"( )    any device, equipment, or machinery actually used in the production of electric or hybrid motor vehicles, whether or not the purchases of these items are capitalized or expensed."

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

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