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Bill > H4092


SC H4092

SC H4092
Sales Tax Holiday


summary

Introduced
02/25/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

126th General Assembly

Bill Summary

Provide A Sales Tax Exemption During The Month Of July 2025 For Handguns, Rifles, Shotguns, And Ammunition.

AI Summary

This joint resolution provides a sales tax exemption for handguns, rifles, shotguns, and ammunition sold during the month of July 2025 in South Carolina. Specifically, the resolution eliminates state sales taxes (outlined in Chapter 36, Title 12 of the South Carolina Code) for the gross proceeds or sales price of these firearms and related ammunition during that month. The definition of handguns will follow the existing legal definition found in Section 16-23-10(1) of the state code. The resolution will become effective immediately upon receiving approval from the Governor, which means the tax exemption would take effect as soon as the Governor signs the bill into law, allowing consumers to purchase these firearms and ammunition without paying state sales tax for that specific month.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Referred to Committee on Ways and Means (on 02/25/2025)

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