SC H3371

Exempts admissions charges from the state admissions tax when charged by business leagues or chambers of commerce that qualify as 501(c)(6) nonprofit organizations under the IRS

Qualifying organizations must not be organized for profit and cannot have earnings that benefit any private shareholder or individual

Amends Section 12-21-2420 of the South Carolina Code by adding this as exemption number 18

Takes effect upon approval by the Governor