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H 3064 - Increases the sales tax on motor vehicles and motorcycles

Tracking Level: Of Interest
Sponsor: Stephen Goldfinch (R)
Last Action: 1/13/2015 - House - Referred to Committee on Ways and Means
House Committee:
Assigned To:
Sales TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Increases the sales tax on motor vehicles and motorcycles from $300 to $750 after June 30, 2015 and directs the revenue from the increase to the state non-federal aid highway fund.

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Session 121 - (2015-2016)Printer Friendly
(pdf format)
H 3064 General Bill, By Goldfinch and G.R. Smith
Summary: Sales and casual excise tax
    A BILL TO AMEND SECTION 12-36-2110, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE THREE HUNDRED DOLLAR CAP ON THE AMOUNT OF SALES AND CASUAL EXCISE TAX DUE ON THE SALE, USE, OR REGISTRATION OF SPECIFIED ITEMS OF TANGIBLE PERSONAL PROPERTY, SO AS TO INCREASE THE MAXIMUM TAX FROM THREE HUNDRED DOLLARS TO SEVEN HUNDRED FIFTY DOLLARS EFFECTIVE ON THE SALE, LEASE, OR REGISTRATION OF A MOTOR VEHICLE OR MOTORCYCLE AFTER JUNE 30, 2015, AND TO PROVIDE THAT THE REVENUE OF SALES, USE, AND CASUAL EXCISE TAXES ATTRIBUTABLE TO THIS INCREASE MUST BE CREDITED TO THE STATE NON-FEDERAL AID HIGHWAY FUND.
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12/11/14House Prefiled
12/11/14House Referred to Committee on Ways and Means
01/13/15House Introduced and read first time (House Journal-page 81)
01/13/15House Referred to Committee on Ways and Means (House Journal-page 81)



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