Loading chat...
SC H4925
Bill
Status
Introduced
1/14/2026
Primary Sponsor
Bruce Bannister
Click for details
AI Summary
- Extends South Carolina's existing sales tax exemption for datacenters to include related persons of the taxpayer, as defined by Section 267(b) of the Internal Revenue Code
- Related persons under IRC Section 267(b) typically include family members, corporations with common ownership, partnerships, and other entities with specified ownership or control relationships
- Amends Section 12-36-2120(79) of the South Carolina Code of Laws
- Takes effect upon approval by the Governor
Legislative Description
Sales Tax Exemption
Last Action
Referred to Committee on Ways and Means
1/14/2026
Committee Referrals
Ways and Means1/14/2026
Full Bill Text
No bill text available