Bill Text: SC H4598 | 2023-2024 | 125th General Assembly | Introduced
Bill Title: Nonprofit sales tax exemption
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Introduced) 2024-01-09 - Referred to Committee on Ways and Means [H4598 Detail]
Download: South_Carolina-2023-H4598-Introduced.html
South Carolina General Assembly
125th Session, 2023-2024
Bill 4598
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 sales tax exemptions, so as to exempt sales made to a nonprofit organization with federal tax-exempt status.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-36-2120(B) of the S.C. Code is amended by adding an item to read:
(84) sales made to a nonprofit organization that is exempt from federal income tax pursuant to Section 501(c) of the Internal Revenue Code.
SECTION 2. This act takes effect July 1, 2024.
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This web page was last updated on November 16, 2023 at 02:26 PM
