South Carolina General Assembly
123rd Session, 2019-2020

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Indicates Matter Stricken
Indicates New Matter

S. 329

STATUS INFORMATION

General Bill
Sponsors: Senators Cromer, Scott, Verdin, Reese and Nicholson
Document Path: l:\s-res\rwc\002geot.kmm.rwc.docx

Introduced in the Senate on January 8, 2019
Currently residing in the Senate Committee on Finance

Summary: Tax credits

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    1/8/2019  Senate  Introduced and read first time (Senate Journal-page 185)
    1/8/2019  Senate  Referred to Committee on Finance 
                        (Senate Journal-page 185)

View the latest legislative information at the website

VERSIONS OF THIS BILL

1/8/2019

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

A BILL

TO PROVIDE THAT TAX CREDITS FOR THE PURCHASE OF GEOTHERMAL MACHINERY AND EQUIPMENT SHALL BE REPEALED ON JANUARY 1, 2022.

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

SECTION    1.    SECTION 2.B. of Act 134 of 2016 is amended to read:

"B.    The provisions contained in this section related to geothermal machinery and equipment are repealed January 1, 2019 2022."

SECTION    2.    This act takes effect upon approval by the Governor.

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This web page was last updated on January 18, 2019 at 3:33 PM