Monday, June 15, 2015

Building Materials Purchased by Charities Exempted from Sales Tax

A bill supported by Habitat for Humanity and your Home Builders Association will exempt building materials purchased by the charity, and other similar charities, from sales tax.

H.3568, sponsored by Rep. Garry Smith of Simpsonville, was signed by Governor Haley earlier this month.  It is expected to save Habitat about $5,000 a month and result in enough savings over the course of a year to result in the construction of one additional new home each year in Greenville County alone.