Bill Text: SC H3132 | 2023-2024 | 125th General Assembly | Introduced
Bill Title: Small Business Sales Tax Exemption
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2023-01-11 - Member(s) request name added as sponsor: Beach [H3132 Detail]
Download: South_Carolina-2023-H3132-Introduced.html
South Carolina General Assembly
125th Session, 2023-2024
Bill 3132
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
A bill
to amend the South Carolina Code of Laws by amending Section 12-36-2120, relating to exemptions from sales tax, so as to provide a sales tax exemption for certain sales from a small business.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1.Section 12-36-2120 of the S.C. Code is amended by adding an item to read:
(84) sales made at a small business located in this State during one month each year of the small business's choosing. For purposes of this item, "small business" has the same meaning as defined by the Small Business Administration and the North American Industry Classification System (NAICS). Each year a small business shall inform the department of which month it has chosen for its sales tax holiday by October first of the previous year.
SECTION 2.This act takes effect upon approval by the Governor.
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This web page was last updated on December 08, 2022 at 05:23 PM
