The bill S. 654 proposes an amendment to Section 12-36-2120 of the South Carolina Code of Laws to include a new sales tax exemption for specific items sold to internet access service providers and communications service providers. The amendment adds a provision that exempts all supplies, technical equipment, machinery, and electricity used by these providers in the production, broadcasting, or distribution of internet access and communications services. This categorization allows internet access service providers and communications service providers to be recognized as manufacturers for the purposes of this exemption.

Additionally, the bill stipulates that the new exemption will be repealed on July 1, 2033, and it is set to take effect on July 1, 2026. This legislation aims to support the telecommunications industry by reducing operational costs for service providers, thereby potentially enhancing service delivery and infrastructure development in South Carolina.

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