Bill

Bill > H5122


SC H5122

SC H5122
Internet and Communications Service Providers Equipment


summary

Introduced
02/05/2026
In Committee
02/05/2026
Crossed Over
Passed
Dead

Introduced Session

126th General Assembly

Bill Summary

Amend The South Carolina Code Of Laws By Adding Article 31 To Chapter 9, Title 58 So As To Permit Certain Items Sold To Or Used By Internet Access Service Providers And Communications Service Providers To Be Exempt From Sales Tax.

AI Summary

This bill proposes to exempt certain items purchased by internet access service providers and communications service providers from sales tax in South Carolina, treating these providers as manufacturers for tax purposes. Specifically, supplies, technical equipment, machinery, and electricity used by these companies to produce, broadcast, or distribute their services will be eligible for this exemption. Companies will need to apply to the Department of Revenue for a refund of sales and use taxes paid on these qualifying items by January 31st of the following year. If the total refund claims exceed $10 million, refunds will be prorated to stay within that limit, with payments issued by June 1st. This legislation is set to take effect after its approval by the Governor and will apply to tax years beginning after 2025.

Committee Categories

Budget and Finance

Sponsors (18)

Last Action

Member(s) request name added as sponsor: Lawson, Brewer, Kirby, Ballentine, Rutherford, Hiott, Gagnon, Guest, M.M.Smith, Howard, Pope (on 02/19/2026)

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