Gross proceeds

2025-2026 Bill 5093: Gross proceeds

South Carolina General Assembly

126th Session, 2025-2026

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This Bill
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A240, R255, H5093

STATUS INFORMATION

General Bill

Sponsors: Reps. Caskey, Bannister, Long, Lawson, C. Mitchell and Yow

Companion/Similar bill(s): 956

Document Path: LC-0383DG26.docx

Introduced in the House on February 4, 2026

Introduced in the Senate on April 28, 2026

Last Amended on May 14, 2026

Governor's Action: May 19, 2026, Signed

Summary: Gross proceeds

HISTORY OF LEGISLATIVE ACTIONS

Date

Body

Action Description with journal page number

2/4/2026

House

Introduced and read first time (
House Journal-page 10
)

2/4/2026

House

Referred to Committee on
Ways and Means
(
House Journal-page 10
)

4/21/2026

House

Committee report: Favorable
Ways and Means
(
House Journal-page 5
)

4/23/2026

House

Read second time (
House Journal-page 20
)

4/23/2026

House

Roll call Yeas-112 Nays-0 (
House Journal-page 20
)

4/23/2026

House

Unanimous consent for third reading on next
legislative day (
House Journal-page 22
)

4/24/2026

House

Read third time and sent to Senate (
House Journal-page 2
)

4/28/2026

Senate

Introduced and read first time (
Senate Journal-page 11
)

4/28/2026

Senate

Referred to Committee on
Finance
(
Senate Journal-page 11
)

5/5/2026

Senate

Committee report: Favorable
Finance
(
Senate Journal-page 13
)

5/6/2026

Senate

Amended (
Senate Journal-page 118
)

5/6/2026

Senate

Read second time (
Senate Journal-page 118
)

5/7/2026

Senate

Amended (
Senate Journal-page 29
)

5/7/2026

Senate

Read third time and returned to House with amendments (
Senate Journal-page 29
)

5/7/2026

Senate

Roll call Ayes-46 Nays-0

5/12/2026

House

Debate adjourned (
House Journal-page 114
)

5/13/2026

House

Senate amendment amended (
House Journal-page 167
)

5/13/2026

House

Returned to Senate with amendments (
House Journal-page 167
)

5/13/2026

House

Roll call Yeas-101 Nays-9 (
House Journal-page 168
)

5/13/2026

Senate

Non-concurrence in House amendment (
Senate Journal-page 42
)

5/14/2026

House

House insists upon amendment and conference
committee appointed Reps. Bannister, Caskey,
Stavrinakis (
House Journal-page 64
)

5/14/2026

Senate

Conference committee appointed Turner, Young, Sabb (
Senate Journal-page 47
)

5/14/2026

House

Conference report received and adopted (
House Journal-page 93
)

5/14/2026

House

Roll call Yeas-105 Nays-0 (
House Journal-page 94
)

5/14/2026

Senate

Conference report received and adopted (
Senate Journal-page 47
)

5/15/2026

Ratified R 255

5/19/2026

Signed By Governor

6/5/2026

Effective date 07/01/26

6/3/2026

Act No. 240

View the latest
legislative information
at the website

VERSIONS OF THIS BILL

02/04/2026
04/21/2026
05/05/2026
05/06/2026
05/07/2026
05/13/2026
05/14/2026

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

NOTE: THIS IS A TEMPORARY VERSION. THIS DOCUMENT WILL REMAIN IN THIS VERSION UNTIL FINAL APPROVAL BY THE LEGISLATIVE COUNCIL.

(A240, R255, H5093)

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 12-36-90, RELATING TO THE DEFINITION OF GROSS PROCEEDS OF SALES, SO AS TO EXCLUDE AMOUNTS PAID BY STATE AND LOCAL GOVERNMENTS FOR THE EMERGENCY SERVICES IP NETWORK; BY AMENDING SECTION
12-21-2420
, RELATING TO ADMISSIONS TAX, SO AS TO EXEMPT ADMISSIONS CHARGED BY CERTAIN LOCAL CHAMBERS OF COMMERCE; AND BY AMENDING SECTION 12-36-2120, RELATING TO THE SALES TAX EXEMPTION ON CERTAIN COMPUTER EQUIPMENT, SO AS TO EXTEND THE EXEMPTION TO CERTAIN RELATED PERSONS OF THE TAXPAYER.

Be it enacted by the General Assembly of the State of South Carolina:

Gross proceeds of sales

SECTION 1. Section 12-36-90(2) of the S.C. Code is amended by adding:

(m) amounts paid for contracts for services entered into by the State or political subdivisions thereof, for Emergency Services IP Network, also known as ESInet, in support of Next Generation 911 in South Carolina.

Admissions tax

SECTION 2. Section 12-21-2420 of the S.C. Code is amended by adding:

(18) on admissions charged by local chambers of commerce qualified under 501(c)(6) by the Internal Revenue Service, which are not organized for profit, and no part of whose earnings inure to the benefit of any private shareholder or individual.

Sales tax exemption

SECTION 3. Section 12-36-2120(79) of the S.C. Code is amended by adding:

(H) For purposes of this item, "taxpayer" includes a person who bears a relationship to the taxpayer as described in Section 267(b) of the Internal Revenue Code.

Time effective

SECTION 4. This act takes effect July 1, 2026.

Ratified the 15th day of May, 2026.

Approved the 19th day of May, 2026.

__________

This web page was last updated on
June 3, 2026 at 12:42 PM