The bill H. 3876 aims to amend the South Carolina Code of Laws to clarify the responsibilities of accommodations intermediaries and providers regarding the collection and remittance of taxes and fees associated with accommodations. It introduces a new section, 12-36-72, which defines key terms such as "accommodations intermediary," "accommodations provider," and "merchant of record." The bill specifies that accommodations intermediaries are responsible for collecting and remitting taxes unless a professional property management company is involved, in which case that company becomes the merchant of record. Additionally, it mandates that both accommodations intermediaries and providers submit an annual report detailing accommodations rented for more than fourteen days.

The bill also amends several existing sections to incorporate these changes, including the definition of "retailer" to include accommodations intermediaries, and it requires local governments to notify the Department of Revenue and the State Treasurer of any new taxes or fees imposed on accommodations. Furthermore, it clarifies the collection and remittance processes for local accommodations taxes and the beach preservation fee, ensuring they align with the provisions for state-level accommodations taxes. Overall, the bill seeks to streamline tax collection processes and enhance compliance within the accommodations sector in South Carolina.

Statutes affected:
01/30/2025: 12-36-72, 12-36-70, 12-36-920, 6-1-510, 6-1-520, 6-1-570, 6-1-630, 5-7-30
04/30/2025: 12-36-72, 12-36-70, 12-36-920, 6-1-510, 6-1-520, 6-1-570, 6-1-630, 5-7-30
05/06/2025: 12-36-72, 12-36-70, 12-36-920, 6-1-510, 6-1-520, 6-1-570, 6-1-630, 5-7-30
05/08/2025: 12-36-72, 12-36-70, 12-36-920, 6-1-510, 6-1-520, 6-1-570, 6-1-630, 5-7-30
Latest Version: 12-36-72, 12-36-70, 12-36-920, 6-1-510, 6-1-520, 6-1-570, 6-1-630, 5-7-30