Bill > H4621

This bill amends the South Carolina tax code to modify the maximum sales tax for musical instruments, musical equipment, and office equipment purchased by religious organizations that are tax-exempt under Section 501(c)(3) of the Internal Revenue Code. Specifically, the bill caps the sales tax at three hundred dollars for such purchases, with the condition that the equipment must be located on church property and used exclusively for the organization's exempt purpose. To qualify for this tax benefit, the religious organization must provide the seller with an official affidavit (a sworn written statement) on a form prescribed by the tax department, which the seller must then keep on record. The bill will take effect immediately upon receiving the Governor's approval, and it represents a targeted tax relief measure for qualifying religious organizations purchasing specialized equipment for their ministry or operations.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=4621&session=126&summary=B