Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
Sponsors: Rep. Ballentine
Document Path: l:\council\bills\sm\20160sa21.docx
Introduced in the House on January 12, 2021
Introduced in the Senate on April 7, 2021
Currently residing in the Senate Committee on Finance
Summary: Property tax, exemptions
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/9/2020 House Prefiled 12/9/2020 House Referred to Committee on Ways and Means 1/12/2021 House Introduced and read first time (House Journal-page 168) 1/12/2021 House Referred to Committee on Ways and Means (House Journal-page 168) 3/18/2021 House Committee report: Favorable Ways and Means (House Journal-page 42) 4/6/2021 House Read second time (House Journal-page 86) 4/6/2021 House Roll call Yeas-107 Nays-4 (House Journal-page 86) 4/7/2021 House Read third time and sent to Senate (House Journal-page 14) 4/7/2021 Senate Introduced and read first time (Senate Journal-page 5) 4/7/2021 Senate Referred to Committee on Finance (Senate Journal-page 5)
View the latest legislative information at the website
VERSIONS OF THIS BILL
March 18, 2021
S. Printed 3/18/21--H.
Read the first time January 12, 2021.
To whom was referred a Bill (H. 3354) to amend Section 12-37-220, as amended, Code of Laws of South Carolina, 1976, relating to property tax exemptions, so as to exempt a renewable, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
G. MURRELL SMITH, JR. for Committee.
TO AMEND SECTION 12-37-220, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT A RENEWABLE ENERGY RESOURCE PROPERTY HAVING A NAMEPLATE CAPACITY OF AND OPERATING AT NO GREATER THAN TWENTY KILOWATTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-37-220(B) of the 1976 Code, as last amended by Act 145 of 2020, is further amended by adding an appropriately numbered item at the end to read:
"( ) a renewable energy resource property having a nameplate capacity of and operating at no greater than twenty kilowatts, as measured in alternating current. For purposes of this item, 'renewable energy resource' means property defined in Section 58-40-10. This definition includes, but is not limited to, all components that enhance the operational characteristics of the generating equipment, such as an advanced inverter or battery storage device, and equipment required to meet all applicable safety, performance, interconnection, and reliability standards established by the commission, the National Electrical Code, the National Electrical Safety Code, the Institute of Electrical and Electronics Engineers, Underwriters Laboratories, the Federal Energy Regulatory Commission, and any local governing authorities."
SECTION 2. This act takes effect upon approval by the Governor and applies to property tax years beginning after 2020.
This web page was last updated on April 8, 2021 at 9:41 AM