Instructions


 
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Session 120 - (2013-2014)Printer Friendly
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H 3834 General Bill, By Loftis, W.J. McLeod, Neal, Williams, Bannister, R.L. Brown, Hosey, Ridgeway, Stavrinakis and Merrill
Summary: Solar energy system
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-3586 SO AS TO ALLOW AN INCOME AND OTHER SPECIFIED TAX CREDITS FOR TWENTY-FIVE PERCENT OF THE TOTAL COST OF A SOLAR ENERGY SYSTEM PLACED IN SERVICE IN 2013 THROUGH 2018, TO PROVIDE CEILINGS ON THE AMOUNT OF THE CREDIT THAT MAY BE CLAIMED IN ONE YEAR AND PROVIDE FOR THE TIMING OF CREDITS, TO PROVIDE FOR THE ALLOCATION OF THE CREDIT IN THE CASE OF CERTAIN PASS-THROUGH ENTITIES, AND TO REQUIRE THE TAXPAYER TO ELECT THE CREDIT TO APPLY IN THE CASE OF OVERLAPPING CREDITS.
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03/20/13House Introduced and read first time (House Journal-page 9)
03/20/13House Referred to Committee on Ways and Means (House Journal-page 9)
04/03/14House Member(s) request name added as sponsor: Stavrinakis, Merrill
04/09/14House Committee report: Favorable with amendment Ways and Means (House Journal-page 133)



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