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H 3923 - Excludes materials used in the production of electricity from a renewable energy source from sales tax

Tracking Level: Of Interest
Sponsor: Leonidas Stavrinakis (D)
Last Action: 2/18/2021 - House - Referred to Committee on Ways and Means
House Committee:
Assigned To:
ElectricNext Bill
Sales TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Excludes the gross proceeds of sales or sales price of machinery, machine tools used in the production of electricity from a renewable energy source from the sales tax. 

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
H 3923 General Bill, By Stavrinakis
Summary: Sales Tax Exemption
    A BILL TO AMEND SECTION 12-36-2120, 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 MACHINERY, MACHINE TOOLS, AND PARTS OF THEM, USED IN THE PRODUCTION OF ELECTRICITY FROM A RENEWABLE ENERGY SOURCE.
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02/18/21House Introduced and read first time (House Journal-page 60)
02/18/21House Referred to Committee on Ways and Means (House Journal-page 60)



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