Bill Text: SC S0253 | 2023-2024 | 125th General Assembly | Draft

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Bill Title: Gross Proceeds of Sales

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2023-02-09 - Scrivener's error corrected [S0253 Detail]

Download: South_Carolina-2023-S0253-Draft.html

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South Carolina General Assembly
125th Session, 2023-2024

Bill 253

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Indicates Matter Stricken
Indicates New Matter

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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

to amend the South Carolina Code of Laws by amending section 12-36-90(2), relating to "Gross Proceeds of Sales", so as to make the gross proceeds of the sale of eyeglasses the total amount of the purchase leSs any insurance benefits paid.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1.    Section 12-36-90(2) of the S.C. Code is amended by adding:

   (m) the total proceeds of retail sales of eyeglasses when the purchase is paid in whole or in part by any insurance benefits. Gross proceeds of the sale of eyeglasses shall be the total amount of the sale less any insurance benefit applied to the purchase.

SECTION 2.   This act takes effect upon approval by the Governor.

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This web page was last updated on February 09, 2023 at 06:15 PM