The bill H. 3382 aims to amend Section 12-36-2120 of the South Carolina Code of Laws, specifically regarding the sales tax exemption for durable medical equipment. The proposed changes will remove certain requirements that currently must be met to qualify for this exemption. The new language clarifies that durable medical equipment and related supplies sold by prescription will be exempt from sales tax if they are defined under federal and state Medicaid and Medicare laws, paid for by state or federal funds where applicable, and sold by a licensed provider based in South Carolina.

This amendment is intended to simplify the process for obtaining sales tax exemptions on durable medical equipment, making it more accessible for consumers. The bill will take effect upon approval by the Governor and will first apply to sales made after July 1, 2025.

Statutes affected:
12/05/2024: 12-36-2120
Latest Version: 12-36-2120
12/06/2024: 12-36-2120