A BILL TO AMEND SECTION 12-6-3587, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE PURCHASE AND INSTALLATION OF A SOLAR ENERGY SYSTEM FOR HEATING WATER, SPACE HEATING, AIR COOLING, OR GENERATING ELECTRICITY, SO AS TO ALLOW A STATE INCOME TAX CREDIT EQUAL TO THIRTY PERCENT OF THE COST TO THE TAXPAYER FOR THE PURCHASE AND INSTALLATION OF A SOLAR OR WIND ENERGY SYSTEM ON PROPERTY IN THIS STATE, TO PROVIDE THAT THE CREDIT IN ANY YEAR MAY NOT EXCEED FIVE THOUSAND FIVE HUNDRED DOLLARS FOR EACH FACILITY OR SEVENTY-FIVE PERCENT OF THE TAXPAYER'S TAX LIABILITY FOR THAT TAXABLE YEAR, WHICHEVER IS LESS, TO PROVIDE IF THE CREDIT EXCEEDS FIVE THOUSAND FIVE HUNDRED DOLLARS, THE TAXPAYER MAY CARRY FORWARD THE EXCESS, AND TO DEFINE "WIND ENERGY SYSTEM".
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2018
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2018
Last action Jan 9, 2018
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Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
2
Jan 9, 2018
Committee
Referred to Committee on Ways and Means
lower
Jan 9, 2018
Introduced
Introduced and read first time
lower
Dec 13, 2017
Committee
Referred to Committee on Ways and Means
lower
2 primary · 0 co-sponsors
Sponsors
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