The bill H. 4925 aims to amend Section 12-36-2120 of the South Carolina Code of Laws, which pertains to the sales tax exemption for certain datacenters. The proposed amendment extends the sales tax exemption to include certain related persons of the taxpayer, thereby broadening the scope of who qualifies for this exemption. Specifically, the bill introduces new language that defines "taxpayer" to include individuals who have a relationship with the taxpayer as outlined in Section 267(b) of the Internal Revenue Code.

This change is intended to provide additional tax relief to related entities involved in the operation of datacenters, potentially encouraging further investment in this sector within South Carolina. The bill is currently under consideration in the House Committee on Ways and Means and will take effect upon receiving approval from the Governor.

Statutes affected:
01/14/2026: 12-36-2120
Latest Version: 12-36-2120