Bill > H4705

This bill amends South Carolina's tax code to create a new sales tax exemption for firefighting equipment purchased by volunteer fire departments. Specifically, the bill adds a provision to Section 12-36-2120 that exempts from sales tax any firefighting equipment bought by volunteer fire departments, with "firefighting equipment" defined by referencing Section 23-9-25(E) and "volunteer fire department" using the definition found in Section 23-9-25. This exemption aims to reduce the financial burden on volunteer fire departments by eliminating sales tax on essential equipment they need to perform their critical public safety services. The tax exemption will go into effect on July 1, 2026, giving state agencies and volunteer fire departments time to prepare for the change in tax treatment.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=4705&session=126&summary=B