SC sales tax exemptions that could be eliminated
COLUMBIA, S.C. (AP) — A look at sales tax exemptions that would be eliminated under the revised bill up for debate Wednesday, and their estimated worth in 2012-13:
—$3.2 million: Extended service contracts and warranties on vehicles
—$2.1 million: Amusement park rides and parts
—$1.9 million: Supplies and equipment bought by laundries, dry cleaners and carpet cleaners
—$800,000: Non-truck vehicle and motorcycle sales to military service members in SC on orders
—$825,000: Postage paid by advertisers
—$886,400: Cooperative direct mail advertising materials and discount coupons
—$614,000: Paving asphalt products bought in South Carolina and used in another state
—$561,567: Parts and supplies used to repair aircraft
—$374,400: Sweetgrass baskets made by SC artists
—$352,710: Railroad cars, monorail cars and their parts
—$487,220: 70 percent of portable toilet gross rental sales or leases
—$240,000: Building materials and electricity used by a facility researching the impact of natural disasters
—$169,546: Vessels and barges more than 50 tons burden
—$125,000: Depreciable assets used in a business and sold as part of the business
—$60,000: Audio visual masters used by a production company
—$58,116: Property sold to the public through a sheriff’s sale
—$40,000: Clothing for working in a “cleanroom” environment
—$38,979: Curbside disposal collection bags when local governments require them
—$36,000: Museum purchases and exhibition rentals
—$7,500: Copies of legislation to the public
—$4,290: Plants and animal sales to public zoos and gardens
—$0: Sales tax holiday on energy-efficient home products costing less than $2,500(asterisk)
(asterisk)Law creating the exemption was declared unconstitutional by SC Supreme Court
Sources: SC Board of Economic Advisors, April 23 update