Bill

Bill > H3329


SC H3329

Sales Tax Exemption


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead

Introduced Session

126th General Assembly

Bill Summary

Amend The South Carolina Code Of Laws By Amending Section 12-36-2120, Relating To Sales Tax Exemptions So As To Provide A Sales Tax Exemption For Diapers And Toilet Paper.

AI Summary

This bill amends the South Carolina Code of Laws to create a sales tax exemption for diapers and toilet paper, effectively removing these essential household items from the state's sales tax. By adding these items to the list of tax-exempt goods under Section 12-36-2120, the legislation aims to reduce the financial burden on consumers by eliminating sales tax on these everyday necessities. The exemption will take effect after the Governor's approval and will apply to tax years beginning after 2024, which means consumers will start seeing the tax savings in the following tax year. This type of bill is typically designed to provide economic relief to families and individuals by making basic personal care and hygiene products more affordable by removing the additional cost of sales tax.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to Committee on Ways and Means (on 01/14/2025)

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