The bill S. 654 proposes an amendment to Section 12-36-2120 of the South Carolina Code of Laws to introduce a sales tax exemption for specific items sold to internet access service providers and communications service providers. The new legal language specifies that all supplies, technical equipment, machinery, and electricity used by these providers in the production, broadcasting, or distribution of their services will be exempt from sales tax. Additionally, for the purposes of this exemption, these service providers are classified as manufacturers.

The bill also includes a provision that the sales tax exemption outlined in Section 12-36-2120(85) will be repealed on July 1, 2033, and it is set to take effect on July 1, 2026. This legislation aims to support the growth and development of internet and communication services in South Carolina by reducing the financial burden on service providers.

Statutes affected:
05/06/2025: 12-36-2120
Latest Version: 12-36-2120